dkishore
01-02-2008, 07:45 AM
Textile fibre manufacturer Filatex India is beginning to be seen as a multi-bagger by investors and brokers. According to equity analysts, the company is expected to do well in the coming months as demand for polypropylene filament yarn (PPFY) continues unabated in domestic market.
The company is also enjoying substantial reductions as far as its debts are concerned. However, all is not so rosy as far as Filatex is concerned.
A section of the market believes the stock is being propped up by either an operator or a brokerage to offload their positions in the stock
The company is also enjoying substantial reductions as far as its debts are concerned. However, all is not so rosy as far as Filatex is concerned.
A section of the market believes the stock is being propped up by either an operator or a brokerage to offload their positions in the stock