Filatex India is a pioneer in manufacturing mono-filament yarns. The stock has given a return of over 180 percent in the last one year.
Madhu Sudhan Bhageria, Vice Chairman & Managing Director of the company expects Q4 to be better than Q3. “Q3 was not that good because of demonetisation, the demand had gone down. However, Q4 will be much better than Q3 or Q2”, he said.
The company is utilising yarn capacity to full extent, he further added.
The company is exporting almost more than 20 percent of the production, said Bhageria.
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