Hariom Pipe Industries Outperforms Sector with Notable Stock Gains and Positive Momentum

Hariom Pipe Industries, a small-cap player in the iron and steel products sector, has shown significant activity today, gaining 7.67% as of July 8, 2025. This performance marks a notable outperformance against its sector, exceeding sector gains by 7.45%. The stock has been on a positive trajectory, achieving consecutive gains over the last two days, with a total return of 13.14% during this period.
Today, Hariom Pipe Industries reached an intraday high of Rs 465, reflecting an increase of 8.47%. In terms of moving averages, the stock is currently positioned higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In the broader market context, the Sensex opened flat, trading at 83,430.05, down by 0.01%, and is currently 3.05% away from its 52-week high. While the Sensex is trading above its 50-day moving average, Hariom Pipe Industries has demonstrated a strong performance relative to the index over various time frames, including a 24.88% increase over the past three months, compared to the Sensex's 12.40% gain.