Norben Tea & Exports Ltd Surges 4.99% Today, Achieves 142.42% Year-to-Date Gain

Norben Tea & Exports Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which declined by 0.28%. Over the past week, Norben Tea has shown a robust performance, rising 10.46%, while the Sensex managed only a 0.44% increase. The stock's impressive trajectory continues with a 12.61% gain over the past month and a remarkable 74.03% increase over the last three months. Year-to-date, Norben Tea has surged by 142.42%, significantly outpacing the Sensex's 7.91% rise.
Today, the stock opened with a gap up of 4.99% and reached an intraday high of Rs 57.43, marking a new 52-week and all-time high. Notably, Norben Tea has been on a consecutive gaining streak for the last five days, accumulating a total return of 11.64% during this period. The stock has traded within a narrow range of Rs 0.04, indicating stable buying pressure. Additionally, it is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend in its performance.