Norben Tea & Exports Stock Hits Upper Circuit Limit at Rs 57.44, Achieving All-Time High

Norben Tea & Exports Ltd, a microcap player in the FMCG sector, has made headlines today by hitting its upper circuit limit with a notable intraday high of Rs 57.44. This marks a significant achievement as the stock reached a new 52-week and all-time high, reflecting a robust performance in the market.
The stock experienced a positive change of Rs 2.73, translating to a percentage increase of 4.99%. It opened the trading session with a gap up, showcasing strong momentum right from the start. Throughout the day, Norben Tea traded within a narrow range of just Rs 0.05, indicating stable price action amidst heightened activity.

Total traded volume reached approximately 0.01356 lakh shares, with a turnover of Rs 0.007786152 crore. Notably, the stock has outperformed its sector by 5.78% today, continuing a streak of gains over the past four days, during which it has accumulated a total return of 14.88%.

Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. With rising investor participation, as evidenced by a significant increase in delivery volume, Norben Tea & Exports Ltd is demonstrating solid market performance. Overall, the stock's activity today reflects a positive trajectory within the FMCG industry.