Filatex Fashions Hits 52-Week Low, Underperforms Sector by -2.35%

Filatex Fashions, a microcap textile company, has recently hit a 52-week low on October 9th, 2024. The stock has been on a downward trend for the past 21 days and has underperformed the sector by -2.35%. The company's stock price has fallen by -27.78% during this period.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Filatex Fashions is 'Sell'. The stock is currently trading at a new 52-week and all-time low of Rs. 0.91. This is a significant decrease from its previous high of Rs. 2.80.

Filatex Fashions is also 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 -67.50%, while the Sensex has shown a positive growth of 25.07% 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.