Lehar Footwears Experiences Revision in Score Amid Strong Performance Metrics and Market Position
Lehar Footwears has recently experienced a revision in its score, reflecting its strong market performance and positive momentum. The stock, which is trading near its 52-week high, has shown notable gains over the past two days and has been added to MarketsMojo's list, highlighting its robust position in the leather industry.
Lehar Footwears, a microcap player in the leather industry, has recently experienced a revision in its score by MarketsMOJO. This adjustment reflects the stock's notable performance metrics, particularly its impressive one-year return of nearly 99.42%, significantly outpacing the Sensex's growth of 10.70%. On January 2, 2025, Lehar Footwears reached an all-time high, showcasing its strong market position. Despite a slight underperformance today, where it lagged behind its sector by 0.26%, the stock has shown resilience with a consecutive gain over the past two days, yielding a total return of 6%.
Currently, Lehar Footwears is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust trend. Additionally, the leather sector itself has seen a gain of 2.87%, further highlighting the competitive landscape in which Lehar Footwears operates.
In light of these developments, the stock has been added to MarketsMOJO's list, reflecting its evolving evaluation in the market.
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