Super Tannery's Stock Hits All-Time High, Outperforms Sector and Market

Super Tannery, a microcap company in the leather industry, has recently seen a surge in its stock price, reaching an all-time high on October 13th, 2024. The stock has been performing well in the market, with MarketsMOJO giving it a 'Hold' rating.

On October 13th, the stock hit a new 52-week high of Rs. 16.34, outperforming the sector by 14.76%. It has also been on a consecutive gain streak for the past 4 days, with a 48.45% increase in returns during this period. The stock opened with a gain of 3.16% today and reached an intraday high of Rs. 16.34, showing high volatility with an intraday range of 7.5%.

Super Tannery is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. The leather sector as a whole has also seen a gain of 5.18%.

In the past year, Super Tannery has outperformed the Sensex with a 81.24% increase in its stock price, while the Sensex has only seen a 22.43% increase. This showcases the strong performance of the company in the market.

Super Tannery's recent surge in stock price and positive performance in the market make it a company to watch out for in the leather industry. With its consistent gains and outperforming the sector and market, Super Tannery is proving to be a strong player in the microcap space.