Haryana Leather Chemicals' Stock Reaches All-Time High, Outperforms Sector and Sensex

Haryana Leather Chemicals, a microcap company in the chemicals industry, has recently seen a surge in its stock price. On September 12, 2024, the company's stock reached an all-time high of Rs.121.8, which is also its new 52-week high. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Hold' call for the stock.

The stock has been on a winning streak for the past 13 days, outperforming the sector by 4.15%. In this period, it has gained an impressive 38.83% returns. Today, the stock opened with a gain of 5% and touched an intraday high of Rs.121.8. It has also been trading in a narrow range of just Rs.0.1.

Haryana Leather Chemicals is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. In the past year, the company's stock has outperformed the Sensex by a significant margin, with a return of 155.11% compared to the Sensex's 21.81% performance.

While the company's stock has been performing well, it is important to note that this article is not a recommendation to buy or sell the stock. It is simply a factual update on the recent performance of Haryana Leather Chemicals. As a microcap company in the chemicals industry, it will be interesting to see how Haryana Leather Chemicals continues to perform in the future.