43.1700 -0.18 (-0.42%)
NSE Apr 17, 2025 15:31 PM
Volume: 1.1M
 

43.17
-0.42%
ICICI Securities Limited
The company is seeing an improvement in demand as markets continue to recover post pandemic. In Q2FY21, Filatex received several export enquiries but shortage of containers, high freight rates curtailed its ability to capture incremental demand. In September, yarn capacity utilisation levels reached 90% while challenges in logistics have also reduced. This would enable the company to cater to the increased demand. With commencement of valueadded drawn textured yarn (DTY) production from August 31, 2020, we expect increased revenue share from value added products. The improvement in product mix is expected to bolster its margin profile. Both...
Filatex India Ltd. is trading below its 100 day SMA of 50.7
More from Filatex India Ltd.
Recommended