Haryana Leather Chemicals Ltd reaches all-time high, outperforms sector by 2.47%

May 02 2024 01:10 PM IST
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Haryana Leather Chemicals Ltd, a microcap company in the chemicals industry, has seen its stock price reach an all-time high on May 2nd, 2024. It has outperformed the sector by 2.47% today and has been on a consecutive gain for the last 2 days. The stock is currently trading above its moving averages, indicating a positive trend. With a strong performance in the past year, Haryana Leather Chemicals is a company to watch in the market.

Haryana Leather Chemicals Ltd, a microcap company in the chemicals industry, has recently seen its stock price reach an all-time high on May 2nd, 2024. The stock has been performing well, outperforming the sector by 2.47% today. It has also been on a consecutive gain for the last 2 days, with a 3.49% increase in returns during this period.

The stock opened with a gain of 3.95% today and reached an intraday high of Rs 79. However, it also touched an intraday low of Rs 73.98, showing some volatility in its trading. Currently, Haryana Leather is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In the past year, Haryana Leather Chemicals has shown a strong performance with a 81.54% increase in its stock price, while the Sensex has only seen a 21.76% increase. This showcases the company's growth and potential in the market.

MarketsMOJO has given a 'Hold' call for Haryana Leather Chemicals, suggesting that investors should hold onto their current positions in the stock. With its recent all-time high and strong performance, Haryana Leather Chemicals is definitely a company to keep an eye on in the chemicals industry.
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