227.5700 9.07 (4.15%)
NSE Apr 11, 2025 15:31 PM
Volume: 282.0K
 

227.57
4.15%
Prabhudas Lilladhar
In our interaction with Fineotex Chemicals the management indicated that 1) rising preference among companies to diversify supplies beyond China, augurs well for Indian textiles players and Fineotex and 2) increased demand for chemical treatments like water and oil repellant properties, anti-microbial properties etc. along with tailored solutions to textile majors also bode well for its growth plans in domestic and export markets. Capacity expansion will be commissioned by Q1FY22 which management expects can potentially double revenues by FY24. Margins are likely to improve as Fineotex targets...
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