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Filatex India surges 12.5% to record high on strong volume, eyes 100 target

Filatex India stock jumped 12.47% to a fresh all‑time high of 90.90, driven by a 42.24 million share volume surge and bullish technical indicators.

By SamacharDaily Editorial Team • • 1 min read

Filatex India (W) posted a 12.47% weekly gain, pushing the share price to a new all‑time high of 90.90 after a 42.24 million volume spike, according to the latest TradingView analysis.

The breakout cleared a sideways trend that had persisted since early August 2026, with short‑term EMAs crossing positively on daily, weekly and monthly charts, while MACD and RSI indicators rose across all timeframes, signalling strengthening momentum.

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Analysts highlighted a psychological target of 100 and a near‑term support level at 85, which previously acted as resistance; the price action will be watched for sustained upward thrust or a retest of the 85 base, especially within the broader textile basket.

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Why This Matters

The surge underscores heightened investor confidence in Filatex India, a key player in the textile sector, and suggests that technical momentum could spill over to related stocks. A breach of the 100 level would mark a significant psychological milestone, potentially attracting further capital inflows and influencing market sentiment across the textile basket.

Reporting based on verified dispatches from Tradingview. View primary release ↗
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