Terai Tea Co Ltd Surges 4.65% Amid Strong Buying Activity and Milestone Growth
In the longer term, the stock has exhibited impressive growth, with a 32.84% rise over the past three months and a remarkable 107.35% increase over the past year, compared to the Sensex's 11.27% and 9.33% respectively. Year-to-date, Terai Tea Co has gained 6.51%, slightly ahead of the Sensex's 4.24%.
Today's trading saw the stock open with a gap up at Rs 180, reaching an intraday high of Rs 180, indicating strong buyer interest. The stock's performance is currently above its 50-day, 100-day, and 200-day moving averages, although it is below the 5-day and 20-day moving averages. This trend suggests a potential shift in market sentiment towards Terai Tea Co, contributing to the observed buying pressure.
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