Terai Tea Co Ltd Sees Increased Buying Activity Amid Recent Price Volatility

Terai Tea Co Ltd is currently experiencing significant buying activity, despite recent performance challenges. Over the past three days, the stock has faced consecutive declines, totaling a drop of 11.04%. Today, it opened with a gap down of 4.84%, reaching an intraday low of Rs 173.05, reflecting a 4.67% decrease in value.
In terms of performance relative to the Sensex, Terai Tea Co has underperformed across various time frames. Over the past day, week, and month, the stock has shown declines of 4.67%, 3.02%, and 1.53%, respectively, while the Sensex has posted gains of 2.47%, 0.76%, and 8.32%. However, the stock has demonstrated strong performance over longer periods, with a remarkable 96.45% increase over the past year and a staggering 526.94% rise over the last five years, significantly outpacing the Sensex's 159.52% growth in the same timeframe.

The buying pressure may be attributed to the stock's historical performance, as it remains above its 50-day, 100-day, and 200-day moving averages, indicating a generally favorable long-term trend despite recent volatility.