Filatex Fashions zooms after its arm wins export order worth around Rs 293 crore
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Filatex Fashions is currently trading at Rs. 7.38, up by 0.78 points or 11.82% from its previous closing of Rs. 6.60 on the BSE.
The scrip opened at Rs. 7.10 and has touched a high and low of Rs. 7.58 and Rs. 6.96 respectively. So far 9362088 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 21.50 on 25-Jan-2024 and a 52 week low of Rs. 6.44 on 25-Jul-2024.
Last one week high and low of the scrip stood at Rs. 7.58 and Rs. 6.44 respectively. The current market cap of the company is Rs. 1220.11 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’ mining subsidiary -- Filatex Mines and Minerals has received export order from Bloom flora Ventures. The order for supply of 2,97,388 metric tonnes white marble order over a period of 7 years is estimated to be $35 million (around Rs 293 crore). It is the first export order for Filatex Mines and Minerals.
Filatex Fashions engages in the manufacture and sale of knitted socks in India. The company is also involved in the trade of textile products.
