Lehar Footwears Experiences Notable Revision in Its Stock Evaluation Amid Strong Performance

Lehar Footwears, a microcap player in the leather industry, has recently experienced a notable adjustment in its evaluation. The stock has been on a positive trajectory, gaining momentum over the past four days with a significant rise in returns. This performance has positioned Lehar Footwears close to its 52-week high, just 1% away from reaching this milestone.
In terms of moving averages, Lehar Footwears is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Over the past year, the company has delivered impressive returns of nearly 110%, significantly outperforming the Sensex, which recorded a modest increase of just over 10%.

Despite the stock's recent performance, MarketsMOJO has issued a 'Sell' call for Lehar Footwears, reflecting a revision in its score. Additionally, the stock has been added to MarketsMOJO's list, highlighting its current market position and performance indicators. Investors and market watchers will be keen to observe how these developments influence the stock's trajectory moving forward.