Liberty Shoes' Stock Surges to 52-Week High, Outperforms Sector and Sensex

Jul 30 2024 09:36 AM IST
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Liberty Shoes' stock has reached a 52-week high of Rs. 516.15 on July 30, 2024, thanks to the company's strong performance and growth prospects. According to MarketsMojo, the stock is currently rated as 'Hold' and has been included in the Momentumnow Stocks list since June 6, 2024. Despite a slight decline, the stock is still trading higher than its moving averages, indicating a positive trend. In the past year, Liberty Shoes has outperformed the sector and the Sensex, showcasing its potential for future growth. With its consistent performance and positive outlook, the company remains a promising player in the consumer durables industry.


Liberty Shoes, a leading player in the consumer durables industry, has recently seen a surge in its stock price. On July 30, 2024, the company's stock touched a 52-week high of Rs. 516.15. This positive movement in the stock price has been attributed to the company's strong performance and growth prospects.

According to MarketsMOJO, a leading stock analysis platform, Liberty Shoes' stock is currently rated as 'Hold'. The company's stock has also been included in the Momentumnow Stocks list on MarketsMOJO since June 6, 2024.

In terms of price performance, Liberty Shoes has outperformed the sector by 2.93% today. However, the stock did touch an intraday low of Rs. 496.6, showing a decline of 2.92%. Despite this, the stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Liberty Shoes has shown a remarkable growth of 121.51%, outperforming the Sensex's performance of 23.11%. This further highlights the company's strong performance and potential for future growth.

With its consistent performance and positive outlook, Liberty Shoes continues to be a promising player in the consumer durables industry. Investors can keep a close eye on the company's stock as it continues to make strides in the market.
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