Filatex Fashions Ltd Achieves Upper Circuit Limit Amid Active Trading Session

Filatex Fashions Ltd, a microcap player in the Garments & Apparels industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 0.52, reflecting a notable performance amid a trading session characterized by significant activity. The last traded price (LTP) was Rs 0.50, with no change recorded, indicating stability at this level.
The stock's price band is set at 5%, allowing for a controlled trading range. Throughout the day, Filatex Fashions saw a total traded volume of approximately 24.27 lakh shares, resulting in a turnover of Rs 0.12 crore. Despite underperforming its sector by 0.34%, the stock's 1-day return stood at 2.00%, outperforming the broader market indices, including the Sensex, which recorded a 1-day return of 0.06%.

In terms of moving averages, Filatex Fashions is currently above its 5-day and 20-day averages but below the longer-term 50-day, 100-day, and 200-day averages. The liquidity of the stock remains adequate for trading, with delivery volume reflecting a slight decline compared to the recent average.

Overall, Filatex Fashions Ltd's performance today highlights its resilience in a fluctuating market, with the stock's upper circuit achievement marking a significant moment in its trading activity.