Why is Indong Tea Co falling/rising?

Nov 19 2025 12:06 AM IST
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As of 18-Nov, Indong Tea Company Ltd's stock price is Rs. 11.92, down 4.94%, marking a new 52-week low and a year-to-date decline of 60.53%. The stock is underperforming its sector and the benchmark Sensex, which has gained 0.96% over the past week, indicating a challenging environment for the company.
As of 18-Nov, Indong Tea Company Ltd is experiencing a decline in its stock price, currently at Rs. 11.92, which represents a decrease of 0.62 or 4.94%. The stock has hit a new 52-week low today and has been underperforming its sector by 2.76%. Over the past week, the stock has fallen by 5.70%, and it has seen a significant decline of 60.53% year-to-date. Additionally, the stock has been losing for the last two days, with a total drop of 9.63% during this period. It is also trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 102.7% against the 5-day average, the overall sentiment remains negative, as there are no positive factors available to counterbalance the stock's recent performance.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.96% over the past week, Indong Tea's performance is significantly lagging. The Sensex has also shown positive returns of 8.36% year-to-date, contrasting sharply with Indong Tea's steep decline. The broader tea and coffee sector has also faced challenges, falling by 2.14%, which may be contributing to the negative sentiment surrounding Indong Tea. Overall, the stock's poor performance relative to both its sector and the benchmark indicates a challenging environment for the company amidst broader market gains.
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