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 added products which will help company benefit from prevailing opportunities.

Click on the attachment to read the full report:

KRChoksey Filatex India Initiating Coverage.pdf
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