Filatex Share Price Target Tomorrow 2024 To 2030- Prediction, Market Overview

Filatex India Ltd is a well-known textile company in India that specializes in manufacturing synthetic yarns, particularly polyester and polypropylene filament yarns. Founded in 1990, Filatex India has steadily grown, focusing on modern technology and efficient production processes. Filatex Share Price on NSE as of 7 November 2024 is 61.10 INR. Here will provide you more details on Filatex Share Price Target 2024, 2025, 2026 to 2030.

Filatex India Ltd: Market Overview

• Open Price: ₹59.43
• High Price: ₹61.45
• Low Price: ₹59.42
• Previous Close: ₹59.45
• Volume: 871,619
• Value (Lacs): ₹530.21
• VWAP: ₹60.25
• UC Limit: ₹71.34
• LC Limit: ₹47.56
• P/E ratio: 21.67
• Div yield: 0.33%
• 52-wk high: ₹78.00
• 52-wk low: ₹44.95
• Mkt cap: ₹2.70KCr
• Face Value: ₹2

Filatex Share Price Chart

Filatex Share Price Target Tomorrow 2024 To 2030

Filatex Share Price Target 2024

Filatex share price target 2024 Expected target could be ₹80. Here are three key factors that could affect the growth of Filatex India Ltd’s share price target in 2024:

• Demand for Synthetic Textiles: As global demand for affordable and durable synthetic textiles rises, Filatex stands to benefit. Increased demand from sectors like fashion, home furnishings, and industrial textiles could boost sales, positively impacting the company’s revenue and share price.
• Expansion into International Markets: Filatex’s efforts to expand its presence in international markets, particularly in regions with growing textile industries, could open up new revenue streams. Success in securing overseas orders would strengthen its growth outlook and support its share price in 2024.

• Raw Material Price Stability: The prices of raw materials, such as polyester and polypropylene, are closely tied to crude oil prices. Stable or favorable raw material costs would allow Filatex to maintain better profit margins, which could, in turn, positively influence its financial performance and stock value.

Filatex Share Price Target 2025

Filatex share price target 2025 Expected target could be ₹105. Here are three key factors that could affect the growth of Filatex India Ltd’s share price target in 2025:

• Investment in Sustainable and Recycled Yarns: As the demand for eco-friendly textiles grows, Filatex’s focus on sustainable production and recycled yarns could boost its reputation and attract environmentally conscious clients. This strategic shift could open new markets, supporting revenue growth and positively impacting its share price.
• Technological Advancements and Production Efficiency: By adopting advanced technologies and improving production efficiency, Filatex can enhance product quality while keeping costs low. Increased efficiency and output can drive profitability, which may positively influence investor confidence and the company’s stock performance in 2025.

• Economic and Industrial Growth in Key Markets: Economic growth in markets where Filatex operates, especially in Asia and emerging economies, can increase demand for textiles. If key markets experience economic expansion, it could lead to higher sales for Filatex, supporting steady revenue growth and a favorable share price outlook by 2025.

Filatex Share Price Target 2030

Filatex share price target 2030 Expected target could be ₹212. Here are three potential risks and challenges for Filatex India Ltd’s share price target in 2030:

• Volatility in Raw Material Prices: Filatex relies on petrochemical-based raw materials like polyester, whose prices can be volatile due to fluctuations in crude oil prices. Sustained increases in raw material costs could compress profit margins, affecting profitability and potentially limiting long-term share price growth.
• Growing Environmental Regulations: By 2030, stricter environmental regulations are likely for synthetic textile manufacturers. Filatex may face increased costs to comply with emissions standards, recycling requirements, and sustainable production practices. Failing to meet these standards could lead to penalties or reputational harm, impacting the company’s stock performance.

• Intense Competition and Market Saturation: The synthetic yarn market is competitive, with both established players and new entrants vying for market share. If Filatex is unable to differentiate its products or expand into new segments, it may face challenges in maintaining its growth trajectory, affecting its share price stability in the long run.

Shareholding Pattern For Filatex India Ltd

• Promoters: 64.76%
• Retail and Others: 27.67%
• FII: 5.22%
• DII: 2.35%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.filatex.com/

Filatex India Ltd Financials

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