Wednesday, July 20, 2016
FILATEX INDIA LTD :- MULTIBAGGER STOCK
Newly commissioned yarn plant boosted company's overall performance, Promoter holding 62.58% stake, comapny posted stellar set of results in last quarter and management more confident to post even better results coming quarters. 1300 cr top line with 27 cr bottam line company is trading just 244 cr market cap, Filatex have 62 book value, This sector is trading around 15 pe but this stock available just 9.5 pe !!!.
Stock trading both NSE and BSE @ 76.50 level , long term investor can buy this gem @ current price and hold in portfolio i strongly believe this is one stock will give multiple return in portfolio.
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Disclosure :- I am holding this stock.