30-08-2024 12:36 PM | Source: Accord Fintech
Filatex Fashions touches roof as its arm obtains export order from SDBS

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Filatex Fashions is currently trading at upper limit of Rs. 1.21, up by 0.05 points or 4.31% from its previous closing of Rs. 1.16 on the BSE.

The scrip opened at Rs. 1.18 and has touched a high and low of Rs. 1.21 and Rs. 1.18 respectively. So far 10001373 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.30 on 25-Jan-2024 and a 52 week low of Rs. 1.14 on 28-Aug-2024.

Last one week high and low of the scrip stood at Rs. 1.36 and Rs. 1.14 respectively. The current market cap of the company is Rs. 1008.42 crore.

The promoters holding in the company stood at 24.82%, while Institutions and Non-Institutions held 0.02% and 75.17% respectively.

Filatex Fashions’ subsidiary -- Filatex Mines and Minerals has obtained an export order worth $4,38,75,000 from Societe DIMO - BTP SARL (SDBS), a company based out of Republic of Guinea. The order is for supply of 1,59,000 tonnes of marble polished tiles over a period of 7 years. SDBS has been a distributor of granite and marble and has a dealer network in African countries.

Filatex Fashions engages in the manufacture and sale of knitted socks in India. The company is also involved in the trade of textile products.