Hariom Pipe Industries Shows Potential Trend Reversal Amid Strong Performance Metrics

Hariom Pipe Industries, a small-cap player in the iron and steel products sector, has shown notable activity today, gaining 7.2% on July 16, 2025. This uptick comes after a four-day streak of declines, marking a potential trend reversal. The stock reached an intraday high of Rs 482.4, reflecting a 7.22% increase during the trading session.
In terms of performance metrics, Hariom Pipe Industries has outperformed its sector by 7.37% today. Over the past week, the stock has risen by 2.96%, contrasting with a decline of 1.05% in the broader Sensex index. Over the past month, the stock has surged by 20.17%, while the Sensex has only managed a modest gain of 1.06%.

Hariom Pipe is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to medium-term performance. Despite a challenging year-to-date performance of -3.54%, the stock has shown resilience with a remarkable 129.27% increase over the past three years, significantly outpacing the Sensex's 53.76% growth in the same period.