Filatex India shares jump 44% from intra-day low on heavy volumes

A combined 15.08 million equity shares, representing 6.7 per cent of total equity of the company, had changed hands on the NSE and BSE.

Shares of Filatex India jumped 44 per cent on the National Stock Exchange (NSE) and 43 per cent on the BSE in Tuesday’s intra-day trade on the back of heavy volumes.

The stock of the textile company hit an intra-day high of Rs 104, bouncing back 44 per cent from its low of Rs 72.35 touched on the NSE. On the BSE, it hit an intra-day high of Rs 103.90, recovering 43 per cent from its low of Rs 72.50 hit around 11:30 am. It slipped 20 per cent in intra-day deal. 

At 12:57 pm, Filatex was trading 6