Lehar Footwears Shows Strong Growth and Positive Market Sentiment Shift

Lehar Footwears, a microcap player in the footwear industry, has recently undergone an evaluation adjustment, reflecting a notable shift in its technical outlook. The stock's technical trend has transitioned from a mildly bullish stance to a bullish position, indicating a more favorable market sentiment.
Key financial metrics reveal that Lehar Footwears has demonstrated robust performance, particularly in its latest quarterly results for Q4 FY24-25. The company reported a significant annual growth rate of 39.10% in operating profit, alongside a remarkable 131.19% increase in net profit. Over the past six months, net sales reached Rs 176.37 crore, with a profit after tax of Rs 7.22 crore.

The stock's technical indicators, including MACD, Bollinger Bands, and KST, all align in a bullish direction, further supporting the positive adjustment in evaluation. Additionally, the company maintains a fair valuation with a return on capital employed (ROCE) of 12.3 and an enterprise value to capital employed ratio of 3.1, suggesting it is trading at a discount compared to its peers.

Overall, Lehar Footwears continues to showcase strong long-term growth potential, evidenced by its impressive returns over various time frames, including a 102.48% return over the past year.

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