Beekay Niryat Reaches All-Time High Price, Outperforms Leather Sector

Beekay Niryat, a microcap company in the leather industry, has recently reached an all-time high price of Rs.96 on October 16, 2024. This news comes as the stock has been gaining for the past three days, with a 6.67% increase in returns during this period. The stock also opened with a gain of 4.35% today, touching an intraday high of Rs.96.

According to MarketsMOJO, the stock call for Beekay Niryat is 'Sell'. However, the company has outperformed the leather sector by 1.76% today. It is also worth noting that the stock has been consistently trading at the same price since its opening, with no range in its movement.

Beekay Niryat is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. The leather sector as a whole has also seen a gain of 2.59%.

In the past year, Beekay Niryat has shown a strong performance with a 64.13% increase, while the Sensex has only seen a 23.42% increase. This showcases the company's potential for growth and success in the industry.

Overall, Beekay Niryat's recent all-time high price and consistent positive performance in the past year make it a company to watch in the microcap leather industry.