Filatex Fashions Ltd Sees High Trading Volume Amid Declining Investor Participation

Filatex Fashions Ltd, a microcap player in the Garments & Apparels industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol FILATFASH, recorded a total traded volume of 29,632,538 shares, with a total traded value of approximately Rs 192.61 lakhs. The stock opened at Rs 0.67, reached a day high of Rs 0.67, and settled at a last traded price of Rs 0.66, reflecting a 1.56% return for the day.
In terms of performance, Filatex Fashions outperformed its sector, which saw a return of 0.63%, while the broader Sensex declined by 0.14%. The stock's performance today indicates it is currently above its 50-day and 100-day moving averages, although it remains below the 5-day, 20-day, and 200-day moving averages.

However, there has been a notable decline in investor participation, with delivery volume dropping by 14.75% compared to the 5-day average, totaling 1.53 crore shares. Despite this, the stock maintains sufficient liquidity for trading, accounting for 2% of the 5-day average traded value. Overall, Filatex Fashions Ltd continues to show significant activity in the market, reflecting its current standing within the industry.