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This Article is From Oct 08, 2021

Filatex India - Sewing Opportunities For Success: KRChoksey Initiates Coverage

Filatex India - Sewing Opportunities For Success: KRChoksey Initiates Coverage
Samples of colored woolen yarn are seen at a factory.  (Photographer: Chris Ratcliffe/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

Filatex India Ltd., incorporated in 1990, is engaged in manufacturing of polyester and polypropylene multifilament yarn.

The company is rated among the top five manufacturers of polyester filament yarns in India.

We expect Filatex India to benefit from -

  1. prevailing tailwinds in Indian textile industry

  2. favourable businesses scenario after the pandemic recedes and

  3. key initiatives taken be the Government of India.

The company has made adequate capital investment and it has committed for more capex to create capacity for value added products which will help company benefit from prevailing opportunities.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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