Beekay Niryat Reaches All-Time High Amidst Strong Performance in Leather Industry

Beekay Niryat, a microcap company in the leather industry, has recently reached an all-time high price of Rs. 95 on October 15, 2024. This news comes as the stock has been gaining for the past two days, with a 5.56% increase in returns during this period. The stock also opened with a gain of 3.37% today, touching an intraday high of Rs. 95.

According to MarketsMOJO, the stock call for Beekay Niryat is 'Sell'. However, the company has outperformed the leather sector by 1.24% today. It is also worth noting that the stock has been consistently trading at the same price since its opening, indicating a strong hold in the market.

Beekay Niryat's performance in the past year has been impressive, with a 66.29% increase compared to Sensex's 24.03% performance. The company is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

The leather industry as a whole has also seen a gain of 2.13%, further highlighting the positive sentiment towards Beekay Niryat. With its recent all-time high price and strong performance, Beekay Niryat is definitely a company to keep an eye on in the leather industry.