Haryana Leather Chemicals Ltd Surges to All-Time High, Outperforming Sector and Sensex

Haryana Leather Chemicals Ltd, a microcap company in the chemicals industry, has recently seen a surge in its stock price. On September 23, 2024, the company's stock price reached an all-time high of Rs. 124, which is also its new 52-week high. This has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading financial advisory firm, the current stock call for Haryana Leather Chemicals is 'Hold'. This means that the company's stock is expected to perform steadily in the near future.

In terms of performance, Haryana Leather Chemicals has underperformed the sector by -0.58% on the day of its all-time high. However, the company's 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, Haryana Leather Chemicals has shown an impressive performance with a growth of 147.22%, while the Sensex has only grown by 28.54%. This showcases the company's strong potential and growth in the chemicals industry.

As a microcap company, Haryana Leather Chemicals may not be as well-known as its larger counterparts, but its recent stock performance has certainly caught the attention of investors. With a positive outlook and strong performance, Haryana Leather Chemicals is definitely a company to watch out for in the chemicals industry.