Terai Tea Co Ltd Surges 4.71% Amid Strong Buying Activity and Market Outperformance
The stock has been on a positive trajectory, recording consecutive gains for the last three days, accumulating a total return of 7.91% during this period. Today, it reached an intraday high of Rs 200.55, reflecting a 5% increase. Notably, Terai Tea Co is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Several factors may be contributing to the heightened buying pressure, including favorable market conditions within the FMCG sector and the company's microcap status, which often attracts attention from investors seeking growth opportunities. Overall, Terai Tea Co's performance stands out significantly against the backdrop of the broader market.
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