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

Lehar Footwears, a microcap player in the leather industry, has recently experienced a notable adjustment in its evaluation. The stock has been on a positive trajectory, gaining momentum over the past three days with an impressive return of 8%. This performance has allowed it to outperform its sector by a margin of 0.32%.
As of January 3, 2025, Lehar Footwears reached an all-time high, showcasing its strong market position. Currently, the stock is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust trend in its price movement.

In terms of annual performance, Lehar Footwears has delivered a remarkable return of nearly 100% over the past year, significantly outpacing the Sensex, which recorded a gain of just 11.91%. Additionally, the stock has been added to MarketsMOJO's list, reflecting a revision in its score that highlights its recent performance and market dynamics.