Microcap Leather Company Euro Leder Fashion Soars to New Heights, Outperforming Sector and Sensex

Euro Leder Fashion, a microcap company in the leather industry, has been making headlines recently as its stock price reached an all-time high on July 31, 2024. According to MarketsMOJO, a leading stock market analysis platform, the stock's current call is 'Sell'.

The company's stock has been on a winning streak for the past six days, with a consecutive gain of 55.13% during this period. Today, the stock opened with a gain of 4.98% and touched an intraday high of Rs 33.74, which is also its new 52-week high. This performance has outperformed the sector by 4.3%.

Euro Leder Fashion's stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, which has seen a 22.63% increase in the past year, Euro Leder Fashion has outperformed with a 78.01% growth. This showcases the company's strong performance and potential for growth in the leather industry.

While the stock's current call may be 'Sell', investors should keep an eye on Euro Leder Fashion as it continues to make waves in the market with its impressive performance.