Haryana Leather Chemicals Hits 52-Week High, Outperforms Sector and Sensex

Haryana Leather Chemicals, a microcap company in the chemicals industry, has recently hit a 52-week high on June 19, 2024. The stock is currently trading at Rs.113, which is its all-time high. This performance has caught the attention of investors and analysts, with MarketsMOJO giving a 'Hold' call for the stock.

In today's trading session, Haryana Leather Chemicals has outperformed the sector by 2.47%. This is a consecutive gain for the stock, as it has been rising for the past 2 days and has seen a 3.76% increase in returns during this period. The stock has been trading at a consistent price of Rs.113 since its opening.

Furthermore, Haryana Leather Chemicals is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock and reflects its strong performance in the market.

In comparison to the Sensex, Haryana Leather Chemicals has shown an impressive 1-year performance of 168.41%, while the Sensex has only seen a 22.06% increase. This showcases the company's strong growth potential and its ability to outperform the market.

Haryana Leather Chemicals is a company to watch out for in the chemicals industry, with its recent high performance and positive outlook. Investors and analysts are advised to keep a close eye on this microcap company as it continues to make strides in the market.