Lehar Footwears Experiences Revision in Its Stock Evaluation Amid Strong Market Performance

Lehar Footwears, a microcap player in the leather industry, has recently made headlines as its stock price reached an all-time high of Rs. 288 on January 4, 2025. This remarkable performance comes amid a notable upward trend, with the stock outperforming its sector by 6% today and achieving a consecutive gain over the past three days, resulting in a return of nearly 14%.
In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Lehar Footwears. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong momentum in its price action. Over the past year, Lehar Footwears has delivered an impressive performance, boasting a return of 107.84%, significantly outpacing the Sensex, which recorded a gain of just 11.02%.

Additionally, Lehar Footwears has been added to MarketsMOJO's list, reflecting its current standing in the market. As the company continues to navigate the competitive landscape of the leather industry, its recent achievements highlight its potential as a noteworthy player in the sector.