Filatex India Limited [FILATEX.NS] Stock Forecast

Filatex India Limited manufactures and sells polyester filament yarn primarily in India. The company offers partially oriented yarns (POY) that are used in shirting and suiting, sarees and ladies' dress wear, and draw warping for weaving and warp knitting of fabrics; full drawn yarns (FDY) for use in making apparel, fashion fabrics, sportswear, home furnishing fabrics, upholstery, and car seat covers; and polyethylene terephthalate chips that are used for making polyester yarn, such as POY and FDY. It also provides drawn textured yarns for use in manufacturing fabrics, such as outer and inner garments, skin-clinging garments, furnishings, seat covers, bags, upholstery, etc.; air textured yarns that are used to make automotive products, furnishing fabrics, sewing threads, shirting and blouses, shoelaces, and tarpaulins; and polypropylene yarns for use in the stitching of socks, undergarments, sportswear, woven sacks, geotextiles, sofa sets, safety belts, sewing thread, and rope. In addition, the company offers narrow woven fabrics that are used in the garment industry for hats, corsets and lingerie, and military uniforms; and specialty products, which include Filigree, Ocean, Chubby Yarn, Cotslon, Soie Fil, and Flexi Fil. Further, it exports its products to approximately 45 countries. Filatex India Limited was incorporated in 1990 and is headquartered in New Delhi, India.