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Monday, 3 November 2014

Filatex India is currently trading at Rs. 34.40, up by 1.55 points or 4.72% from its previous closing of Rs. 32.85 on the BSE.
The scrip opened at Rs. 31.50 and has touched a high and low of Rs. 34.40 and Rs. 31.25 respectively. So far 4321 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 39.00 on 16-Sep-2014 and a 52 week low of Rs. 11.11 on 19-Feb-2014.
Last one week high and low of the scrip stood at Rs. 35.50 and Rs. 32.85 respectively. The current market cap of the company is Rs. 110.08 crore.
The promoters holding in the company stood at 62.58% while Institutions and Non-Institutions held 7.24% and 30.18% respectively.
Filatex India has received an approval for putting up certain Plants & Machinery(s) for manufacturing of downstream value added products at its existing unit at Dahej. This will enable the company to enhance its profitability and long term economic viability at an approximate cost of Rs 200-250 crore.  The board of directors at their meeting held on October 31, 2014 has approved for the same.
Filatex India is one of the pioneers in manufacturing Monofilament Yarns for Zippers, Tooth Brush Bristles, Velcro, Magic Fasteners and Forming Fabrics in India.

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