Recent Price Movement and Market Performance
Terai Tea Co Ltd has been under pressure in recent trading sessions, with the stock losing value for two consecutive days and declining by 6.3% over this period. The share price is now hovering close to its 52-week low, just 4.41% above the lowest level of ₹93.10. Intraday trading on 02-Jan saw the stock dip to a low of ₹96.60, reflecting persistent selling pressure. Notably, the weighted average price indicates that a larger volume of shares was traded near the day’s low, signalling bearish sentiment among investors.
The stock’s performance has lagged behind its sector peers, underperforming by nearly 5% on the day. Furthermore, Terai Tea Co is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-...
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