Lehar Footwears' Stock Price Soars to All-Time High, Outperforming Sector and Sensex

Lehar Footwears, a microcap company in the leather industry, has been making headlines as its stock price reached an all-time high on July 8th, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' rating.

The stock has been on a winning streak, outperforming the sector by 2.45% and gaining 14.63% in just two days. Today, it opened with a gap up of 4.25% and touched an intraday high of Rs 190. This surge in price has also been reflected in the moving averages, with the stock trading higher than the 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In the past year, Lehar Footwears has shown a remarkable performance with a 50.10% increase in its stock price, while the Sensex has only seen a 22.53% growth. This showcases the company's strong potential and growth in the leather industry.

Lehar Footwears, being a microcap company, has been able to make a mark in the industry with its consistent growth and performance. With its stock price reaching an all-time high, it is definitely a company to watch out for in the future.