Why is Norben Tea falling/rising?

Oct 23 2025 10:00 PM IST
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As of 23-Oct, Norben Tea & Exports Ltd is seeing a price increase to Rs. 54.70, with a recent 52-week high of Rs. 57.24 and a 6.34% gain over the past week, outperforming the sector. Strong investor interest is indicated by a 123.94% rise in delivery volume, contributing to the stock's robust growth trajectory.
As of 23-Oct, Norben Tea & Exports Ltd is experiencing a price increase, currently at Rs. 54.70, reflecting a change of 0.18 or 0.33% upward. The stock has recently hit a new 52-week and all-time high of Rs. 57.24, indicating strong performance. Over the past week, it has gained 6.34%, outperforming the sector by 1.35%. Additionally, the stock has been on a consecutive gain streak for four days and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 123.94% compared to the 5-day average, suggesting heightened interest in the stock. The positive and negative factors dashboard is unavailable, but the overall indicators point to a favorable sentiment around the stock.

In the broader market context, Norben Tea's short-term performance significantly outpaces the benchmark, with a 1-week return of 6.34% compared to the Sensex's 1.30%. This strong relative performance over both the short and longer terms, including a year-to-date return of 130.90% against the Sensex's 8.21%, highlights the stock's robust growth trajectory. The liquidity of the stock, being adequate for trading, further supports its rising price, as investors are likely encouraged by the stock's consistent upward movement and strong returns relative to the market.
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