Super Tannery's Stock Reaches 52-Week High, Outperforms Sector and Market

Super Tannery, a microcap company in the leather industry, has recently seen a surge in its stock price. On August 28, 2024, the company's stock reached a 52-week high of Rs.14.39. This has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading financial analysis firm, the stock call for Super Tannery is 'Hold'. This indicates that the stock is expected to perform steadily in the near future.

In terms of price performance, Super Tannery has outperformed its sector by 2.03% and has been on a consecutive gain for the last 5 days. In this period, the stock has risen by 37.86%. Additionally, the company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In comparison to the overall market performance, Super Tannery has shown a remarkable growth of 95.02% in the last year, while the Sensex has only grown by 25.56%. This further highlights the company's strong performance and potential for growth in the future.

Super Tannery, with its consistent performance and positive market outlook, is a promising player in the leather industry. As a microcap company, it has shown impressive growth and has the potential to continue its upward trajectory in the market. Investors may consider holding onto their stocks in Super Tannery for potential long-term gains.