Filatex Fashions Hits 52-Week Low, Underperforms Sector by -1.47%

Filatex Fashions, a microcap company in the textile industry, has recently hit a 52-week low on October 11, 2024. According to MarketsMOJO, the stock has been given a "Sell" call. The current price of the stock is Rs. 0.89, which is the lowest it has been in the past year.

In today's trading, Filatex Fashions underperformed the sector by -1.47%. The stock has been on a downward trend for the past 21 days and has seen a decline of -27.05% in this period. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Filatex Fashions has seen a negative performance of -68.53%, while the Sensex has shown a positive performance of 22.67%. This indicates that the company has not been able to keep up with the overall market trend.

Despite the recent decline in stock price, it is important to note that this article is not making any recommendations or predictions about the future potential of Filatex Fashions. It is simply stating the current facts and figures of the company's performance. Investors and experts should conduct their own research and analysis before making any decisions regarding this stock.