MarketsMOJO Announces Revision in Evaluation for Lehar Footwears Amid Strong Performance Metrics
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 5, 2025. This milestone reflects a significant performance uptick, with the stock outperforming its sector by 6% today. Over the past three days, Lehar Footwears has demonstrated a strong upward trend, accumulating returns of nearly 14%.In light of its recent performance, 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 robust position in the market. Over the past year, Lehar Footwears has delivered impressive returns of 107.84%, significantly outpacing the Sensex, which recorded a performance of 11.02%.
Additionally, Lehar Footwears has been added to MarketsMOJO's list, highlighting its noteworthy market presence and performance metrics. As the company continues to navigate the competitive landscape, its recent achievements underscore its potential within the leather industry.
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