Bhartiya International's Stock Hits 52-Week High, Outperforms Sensex in Leather Industry

Bhartiya International, a microcap company in the leather industry, has recently reached a new milestone as its stock price hit a 52-week high on November 19th, 2024. The stock has been performing well in the market, with MarketsMOJO giving it a 'Hold' rating.

On the day of the new high, the stock opened with a gain of 4.5% and continued to rise throughout the day, touching an intraday high of Rs 787.35, which is a 4.99% increase from the previous day's close. The stock has been on a winning streak for the past three days, with a total gain of 11.05% during this period.

Bhartiya International's performance has also been reflected in the sector, as the leather industry has gained 3.53%. The stock 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 past year, Bhartiya International has outperformed the Sensex by a significant margin, with a 219.41% increase in its stock price compared to the Sensex's 18.62% performance. This showcases the company's strong growth and potential in the market.

Investors and experts are closely watching Bhartiya International's performance, as it continues to make strides in the leather industry. With its recent achievements and positive market outlook, the company is definitely one to keep an eye on.