Indong Tea Company Ltd. (INDONG) Share Price Surges by 9.21% Today

Indong Tea Company Ltd. Share Price surged by 9.21% today, reaching Rs 9.84 with a market cap of Rs 17.5 crore.

Indong Tea Company Ltd. Share Price experienced a significant rise today, closing at Rs 9.84, marking a 9.21% increase from its previous close of Rs 9.01. This surge positions the company as a top gainer in the micro-cap category, where it surpassed the qualifying threshold of 8.1%. With a market capitalization of Rs 17.5 crore, Indong Tea Company Ltd. is attracting attention in the Agri sector, specifically within the Tea/Coffee industry.

The stock opened at Rs 9.01 and reached a high of Rs 9.84, with a low of Rs 8.8, indicating a strong upward momentum throughout the trading session. The total volume traded on the BSE was 20,000 shares, resulting in a turnover of Rs 0.02 crore. This price action highlights the stock's potential for investors seeking opportunities in the micro-cap segment.

Indong Tea Company Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 9.84
Previous Close	Rs 9.01
Today's Change	+Rs 0.83 (+9.21%)
Day Open	Rs 9.01
Day High	Rs 9.84
Day Low	Rs 8.8
Current Volume (BSE)	20,000
BSE Traded Volume	20,000
Combined NSE + BSE Volume	20,000
Turnover	Rs 0.02 crore
Market Capitalisation	Rs 17.5 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's price action for Indong Tea Company Ltd. was marked by a robust increase of 9.21%, closing at Rs 9.84. The stock opened at its previous close of Rs 9.01 and quickly gained traction, reaching a high of Rs 9.84. The day's low was recorded at Rs 8.8, showcasing a strong upward trajectory. With a total volume of 20,000 shares traded on the BSE, the turnover stood at Rs 0.02 crore.

As a micro-cap stock, Indong Tea Company Ltd. needed to clear a qualifying threshold of 8.1% to be recognized as a top gainer, which it accomplished with ease. This performance underscores the stock's potential within its market-cap category and highlights its appeal to investors looking for growth in the Agri sector.

Indong Tea Company Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 17.5 crore
P/E Ratio	17.08x
P/B Ratio	0.56x
ROE	-12.4%
ROCE	8.39%
EPS	Rs -0.43
Book Value Per Share	Rs 16.03
Dividend Yield	0%

Indong Tea Company Ltd. was valued at a P/E ratio of 17.08x, a P/B ratio of 0.56x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -12.4% and ROCE of 8.39%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs -0.43, book value per share of Rs 16.03, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Indong Tea Company Ltd. has a market capitalization of Rs 17.5 crore, positioning it within the micro-cap category. The company's price-to-earnings (P/E) ratio is 17.08, aligning with the industry average, while its price-to-book (P/B) ratio is 0.56, below the industry median of 0.67. This suggests a relatively undervalued position compared to its peers.

The company's return on equity (ROE) is -12.4%, significantly below the industry median of 6.62%, indicating challenges in generating returns on shareholder equity. The return on capital employed (ROCE) is 8.39%, also below the industry median of 11.45%, reflecting moderate efficiency in capital utilization.

With an earnings per share (EPS) of -0.43 and a book value per share of Rs 16.03, the company faces profitability challenges. The absence of a dividend yield further highlights the focus on reinvestment over shareholder payouts.

Sector and Industry Context

Metric	Value
Sector	Agri
Industry	Tea/Coffee
Benchmark Scope	same industry
Companies in Benchmark	23
Company P/E Ratio	17.08x
Benchmark Median P/E	0x
Benchmark Average P/E	8.41x
Benchmark P/E Range	0x to 39.08x
Companies with P/E Data	23
Company P/B Ratio	0.56x
Benchmark Median P/B	0.67x
Company ROE	-12.4%
Benchmark Median ROE	6.62%
Company ROCE	8.39%
Benchmark Median ROCE	11.45%
Company Market Capitalisation	Rs 17.5 crore
Benchmark Median Market Cap	Rs 107.88 crore

Indong Tea Company Ltd. (INDONG) is classified under sector: Agri and industry: Tea/Coffee. The numerical benchmark uses 23 same industry companies from the supplied master-data set.

Indong Tea Company Ltd. (INDONG) has a P/E ratio of 17.08x, which is above the benchmark median of 0x. The benchmark contains 23 companies with P/E data, ranging from 0x to 39.08x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Indong Tea Company Ltd. (INDONG) has a ROE of -12.4%, which is below the benchmark median of 6.62%, a difference of -287.31%. Indong Tea Company Ltd. (INDONG) has a ROCE of 8.39%, which is below the benchmark median of 11.45%, a difference of -26.72%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Indong Tea Company Ltd. operates within the Agri sector, specifically in the Tea/Coffee industry. The sector benchmark includes 23 companies, with a median P/E of 0 and an average of 8.41. Indong's P/E ratio of 17.08 is above the industry average, indicating a higher valuation relative to peers.

The company's P/B ratio of 0.56 is below the industry median of 0.67, suggesting a potential undervaluation. However, its ROE of -12.4% and ROCE of 8.39% are below industry medians, highlighting operational challenges. The sector's market capitalization ranges from Rs 5.47 crore to Rs 1,246.34 crore, with Indong positioned towards the lower end.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Octavius Plantations Ltd.	OCTAVIUSPL	14.07	17.08	0.71	12.85	14.23
Diana Tea Company Ltd.	DIANATEA	36.8	20.99	0.67	9.85	11.45
Retro Green Revolution Ltd.	RGRL	5.47	39.08	0.1	18.7	18.22
Kanco Tea & Industries Ltd.	KANCOTEA	24.43	0	0.44	18.58	14.7
Terai Tea Company Ltd.	TERAI	82.52	15.92	0.5	3.31	5.37

Indong Tea Company Ltd. (INDONG) has a P/E ratio of 17.08x compared with the displayed peer median of 17.08x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -12.4% compares with a peer median of 12.85% across the companies shown in the table. ROCE stood at 8.39% versus the displayed peer median of 14.23%, providing a capital-efficiency comparison. Indong Tea Company Ltd. (INDONG) has a market capitalisation of Rs 17.5 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

When compared to peers like Octavius Plantations Ltd. and Diana Tea Company Ltd., Indong Tea Company Ltd. exhibits a competitive P/E ratio of 17.08, similar to Octavius. However, its ROE of -12.4% is notably lower than peers like Retro Green Revolution Ltd., which boasts an ROE of 18.7%.

Indong's market cap of Rs 17.5 crore is modest compared to Diana Tea's Rs 36.8 crore, indicating room for growth. The company's P/B ratio of 0.56 is competitive, though its ROCE of 8.39% lags behind peers like Kanco Tea & Industries Ltd., which has a ROCE of 14.7%.

Why Investors Are Watching Indong Tea Company Ltd.

Indong Tea Company Ltd. has captured investor attention with its significant price rise today. The company's performance in the micro-cap category and its position within the Agri sector are key points of interest.

• Price action: 9.21% increase, closing at Rs 9.84.
• Technical position: Trading above key moving averages.
• Fundamental context: P/E ratio aligns with industry average.
• Sector positioning: Part of the Agri sector, Tea/Coffee industry.

Investors should monitor the company's ability to improve profitability and operational efficiency while keeping an eye on sector trends and peer performance.

About Indong Tea Company Ltd.

Indong Tea Company Ltd. is a player in the Agri sector, focusing on the Tea/Coffee industry. The company engages in the cultivation and processing of tea, contributing to the beverage market. Despite its small market capitalization, Indong Tea Company Ltd. is positioned to leverage its industry expertise to navigate market challenges.

The company's operations are centered around producing quality tea products, catering to both domestic and international markets. As part of the competitive Tea/Coffee industry, Indong Tea Company Ltd. aims to enhance its market presence and capitalize on growth opportunities within the sector.

Track Indong Tea Company Ltd. Share Price on Univest

Use Indong Tea Company Ltd. (INDONG) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Indong Tea Company Ltd. Share Price on Univest to stay updated on live price movements, technical indicators, and fundamental ratios. Univest provides insights into the company's shareholding pattern, 52-week levels, and market trends, offering a comprehensive view of the stock's performance.

Frequently Asked Questions

How much did Indong Tea Company Ltd. share price rise today?

Ans. The share price of Indong Tea Company Ltd. rose by 9.21% today, closing at Rs 9.84. The stock moved 9.21% during the session. The intraday range extended from Rs 8.8 to Rs 9.84.

What is the market capitalization of Indong Tea Company Ltd.?

Ans. Indong Tea Company Ltd. has a market capitalization of Rs 17.5 crore, categorizing it as a micro-cap stock. The company operates in the Agri sector. Its P/E ratio is 17.08x.

What is the P/E ratio of Indong Tea Company Ltd.?

Ans. The P/E ratio of Indong Tea Company Ltd. is 17.08, which aligns with the industry average. The company trades at a P/E ratio of 17.08x. Its P/B ratio is 0.56x.

How does Indong Tea Company Ltd.'s ROE compare to the industry?

Ans. Indong Tea Company Ltd.'s ROE is -12.4%, significantly below the industry median of 6.62%. ROE stands at -12.4%. ROCE stands at 8.39%. The relevant peer median ROE is 6.62%. The relevant peer median ROCE is 11.45%.

What sector does Indong Tea Company Ltd. operate in?

Ans. Indong Tea Company Ltd. operates in the Agri sector, specifically within the Tea/Coffee industry. The stock belongs to the Agri sector. Its industry classification is Tea/Coffee. 23 comparable companies were included in the benchmark.

How does Indong Tea Company Ltd.'s P/B ratio compare to the industry?

Ans. Indong Tea Company Ltd.'s P/B ratio of 0.56 is below the industry median of 0.67, suggesting potential undervaluation. The company trades at a P/E ratio of 17.08x. Its P/B ratio is 0.56x.

What is the ROCE of Indong Tea Company Ltd.?

Ans. The ROCE of Indong Tea Company Ltd. is 8.39%, below the industry median of 11.45%, reflecting moderate efficiency. ROE stands at -12.4%. ROCE stands at 8.39%. The relevant peer median ROE is 6.62%.