Haryana Leather Chemicals Surges to All-Time High, Outperforms Sector and Market

Haryana Leather Chemicals, a microcap company in the chemicals industry, has recently seen a surge in its stock price. On June 12, 2024, the company's stock price reached an all-time high, according to data from MarketsMOJO. The stock is currently trading at a price that is 0.48% away from its 52-week high of Rs 112.42.

Despite the recent market volatility, Haryana Leather Chemicals has outperformed its sector by 3.77% and has been on a consecutive gain for the last 6 days. In this period, the stock has risen by 29.01%. On the day of the price surge, the stock touched an intraday high of Rs 111.9, showing a 4.11% increase.

Haryana Leather Chemicals is also performing well in terms of its moving averages. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock price.

In the past year, Haryana Leather Chemicals has shown a remarkable performance with a 168.57% increase in its stock price, while the Sensex has only seen a 22.66% increase. This shows the company's strong growth potential and its ability to outperform the market.

However, it is important to note that this article is not a recommendation to buy or sell the stock. It is purely based on factual data and does not mention any future potential or expert opinions. Investors are advised to do their own research and make informed decisions. With its recent performance, Haryana Leather Chemicals is definitely a company to keep an eye on in the chemicals industry.