Filatex Fashions' Stock Price Soars 14.93%, Outperforms Sector and Market

Filatex Fashions, a smallcap textile company, has seen a significant increase in its stock price on April 23, 2024. The stock has gained 14.93% and has outperformed the sector by 12.08%. This rise in stock price comes after the stock has been gaining for the last two days, with a total return of 15.37% in this period.

On April 23, Filatex Fashions reached an intraday high of Rs 15.8, showing a 14.49% increase. The stock has also been highly volatile today, with an intraday volatility of 6.47%. This volatility is calculated from the weighted average price.

In terms of moving averages, Filatex Fashions is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison to the overall market performance, Filatex Fashions has significantly outperformed the Sensex. On a 1-day basis, the stock has gained 14.93% while the Sensex has only seen a 0.29% increase. Similarly, on a 1-month basis, Filatex Fashions has gained 27.49% while the Sensex has only seen a 1.41% increase.

Overall, Filatex Fashions has shown strong performance in the market, with a significant increase in its stock price and outperforming the sector and the overall market. Investors may want to keep an eye on this smallcap textile company as it continues to show positive growth.