Filatex Fashions Hits 52-Week Low, Stock Down -27.61% in 17 Days

Sep 30 2024 10:35 AM IST
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Filatex Fashions, a microcap textile company, has hit a 52-week low on September 30th, 2024, with a -27.61% decrease in the past 17 days. The stock is currently trading below its moving averages and has underperformed the sector. Its 1-year performance is -68.97%, while the Sensex has shown a positive performance of 28.83%.

Filatex Fashions, a microcap textile company, has recently hit a 52-week low on September 30th, 2024. The stock has been on a downward trend for the past 17 days and has fallen by -27.61% during this period. The current stock call for Filatex Fashions by MarketsMOJO is 'Sell'.

On September 30th, the stock hit a new 52-week and all-time low of Rs.0.97. This is a significant decrease from its previous high of Rs.3.10. The stock has also underperformed the sector by -0.87% in today's trading session.

Filatex Fashions is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock. The company's 1-year performance has been -68.97%, while the Sensex has shown a positive performance of 28.83% during the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Filatex Fashions. As a microcap company in the textile industry, Filatex Fashions' stock performance may be affected by various factors and investors are advised to do their own research before making any investment decisions.
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