By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Penny stock below Re 1 to be in focus on Tuesday; here’s why | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Penny stock below Re 1 to be in focus on Tuesday; here’s why | Stock Market News
Business

Penny stock below Re 1 to be in focus on Tuesday; here’s why | Stock Market News

Last updated: June 30, 2025 11:04 pm
1 month ago
Share
SHARE


Penny stock under Re 1: Hyderabad-based garments and apparel maker, Filatex Fashions’ stock will be in focus of the stock market investors on Tuesday, 1 July 2025, after the company shared a growth update for the fiscal year ended 2024-25.

The company’s total income (revenues) for the 2024-25 fiscal year ended was at ₹191.65 crore, compared to ₹179.02 crore in the previous financial year. The net profit for the year ended 31 March 2025 was at ₹9.41 crore, while the revenue from the company’s core business operations was at ₹185.80 crore, according to the official release.

Apart from the company’s financials, the penny stock firm also highlighted its order book strength. A Filatex Fashions subsidiary named Filatex Mines and Minerals Pvt. Ltd secured a nearly ₹365 crore order from a Guinea-based firm called Société DIMO—BTP SARL.

The order book update was for a supply of 1,59,000 tonnes of marble polished tiles over a period of five years. The company is one of the oldest players in socks manufacturing in India, with clients like FILA, Sergio Tacchini, Adidas, Marks & Spencer and Walt Disney among others.

Filatex Fashions Share Price Trend

Filatex Fashions shares closed 19.23 per cent higher at ₹0.62 after Monday’s stock market session, compared to ₹0.52 at the previous stock market close.

The shares of the garments and apparel maker have given stock market investors more than 31 per cent returns on their investments in the last five years. However, the shares lost 60.76 per cent in the last one-year period.

On a year-to-date (YTD) basis, the shares are down 17.33 per cent in 2025 but are currently trading 24 per cent higher in the last one-month period.

Filatex Fashions shares hit their 52-week high level at ₹1.70 on 12 August 2024, while the 52-week low level was at ₹0.43 on 12 May 2025, according to BSE data. The shares are currently trading above their year-low levels.

The company’s market capitalisation (M-Cap) was at ₹516.71 crore as of the stock market close on Monday, 30 June 2025.

Read all stories by Anubhav Mukherjee

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Gold eases on profit-taking; eyes on Trumps Fed picks | Stock Market News

Wall Street boosted by earnings, Fed rate cut hopes | Stock Market News

Wall Street Today: US stocks hold steady amid stronger-than-expected company results, Apple stocks rise | Stock Market News

New York City Pensions Gain More Than 10% on Back of Global Stock Rally | Stock Market News

Rupee recovers from record low level, ends 16 paise higher at 87.72 against US dollar | Stock Market News

TAGGED:Filatex FashionsFilatex Fashions share priceFilatex Fashions share price todayFilatex Fashions share price updategarments and apparel makerIndian stock marketMarket Capitalisationpenny stockPenny stock below <span class='webrupee'>₹</span>1penny stock to buyPenny stocksstock marketstock market investorsStock market newStock market today
Share This Article
Facebook Twitter Email Print
Previous Article 3,150% rally in five years! Small-cap multibagger stock trades above PE multiple of 50. Do you own? | Stock Market News
Next Article US Treasuries Get Vote of Confidence From Korea’s Wealth Fund | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS