Haryana Leather Chemicals Stock Reaches All-Time High, Outperforms Sensex in Past Year

Haryana Leather Chemicals, a microcap company in the chemicals industry, has recently seen its stock price reach an all-time high on July 30, 2024. The stock has been on an upward trend for the past 7 days, gaining 22.63% in that period. Today, the stock hit a new 52-week high of Rs.117.85, which is also its all-time high.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Haryana Leather Chemicals is 'Hold'. This means that investors should hold onto their current positions in the stock and not make any new investments.

In terms of performance, Haryana Leather Chemicals is in line with the overall sector. It is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

Looking at the company's performance over the past year, Haryana Leather Chemicals has outperformed the Sensex, with a return of 122.78% compared to the Sensex's 22.90% return. This shows the company's strong growth and potential in the market.

Haryana Leather Chemicals is a microcap company, meaning it has a small market capitalization. However, its recent stock performance and positive outlook from MarketsMOJO suggest that it may have potential for further growth in the future. Investors should keep an eye on this company as it continues to make strides in the chemicals industry.