Filatex Share Price Target From 2024 to 2030: Filatex India Ltd., a key player in the artificial textile company, has verified substantial growth throughout the previous couple of years. With its revolutionary method, the business company has maintained its role as one of the main producers of polyester and polypropylene multifilament yarns in India. As we appearance ahead to the period from 2024 to 2030, Filatex Share Price is predicted to reflect the commercial enterprise company’s ongoing efforts in growing its production competencies and market achieve.
Current Market Overview For Filatex Share Price
- Open: 63.90 INR
- High: 64.45 INR
- Low: 62.20 INR
- Market Cap: 2.79K Cr
- P/E Ratio: 22.25
- Dividend Yield: N/A
- 52-Week High: 78.00 INR
- 52-Week Low: 43.55 INR
- Current Price: 62.75 INR
- Annual Growth: +21.95 INR (49.83%)
Shareholding Pattern For Filatex Share Price
- Promoters: 64.76% (unchanged in June 2024 place)
- Retail and Others: 27.69%
- Foreign Institutions: 5.20% (reduced from 5.94% in June 2024 zone)
- Other Domestic Institutions: 2.35%
Filatex Share Price Targets from 2024 to 2030
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹88 |
| 2025 | ₹106 |
| 2026 | ₹122 |
| 2027 | ₹140 |
| 2028 | ₹159 |
| 2029 | ₹183 |
| 2030 | ₹209 |
Filatex Share Price 2024: 88 INR
The year 2024 is expected to witness big increase for Filatex as the corporation continues to put money into capacity growth and technological improvements. With the contemporary momentum, the percentage rate might also need to obtain round 88 INR by using the cease of the yr. This is reinforced via a constant growth in call for polyester and different synthetic fibers, driven by way of the developing textile industry each regionally and across the world.
Filatex Share Price 2025: 106 INR
By 2025, Filatex is in all likelihood to enjoy the whole impact of its enlargement tasks. The creation of recent product strains and the enhancement of gift ones are anticipated to in addition reinforce the enterprise’s marketplace position. The share rate ought to reach 106 INR, reflecting the market’s exquisite response to the business enterprise’s boom approach.
Filatex Share Price 2026: 122 INR
In 2026, the company may additionally maintain its upward trajectory, with ₹ probable to touch 122 INR. This growth may be supported through extended production capability, improved operational efficiency, and a broader client base. Additionally, any strategic partnerships or mergers and acquisitions may want to offer a further enhance to the inventory.
Filatex Share Price 2027: 140 INR
The yr 2027 should see Filatex Share Price achieving 140 INR, driven through manner of persevered increase in the global synthetic textile marketplace. The business company’s focus on sustainability and innovation could trap greater investors, leading to a higher valuation.
Filatex Share Price 2028: 159 INR
By 2028, Filatex is expected to have mounted itself as a pacesetter within the synthetic cloth agency. With its sturdy economic common overall performance and strategic initiatives, the ₹ may want to rise to 159 INR. The organization’s efforts in increasing its global footprint and improving its product portfolio are probable to pay off, resulting in a better marketplace capitalization.
Filatex Share Price 2029: 183 INR
In 2029, Filatex Share Price ought to achieve 183 INR. The business enterprise’s consistent increase and recognition on innovation must maintain to attract investor hobby. Additionally, any favorable government rules or incentives for the fabric enterprise should similarly enhance the inventory’s performance.
Filatex Share Price 2030: 209 INR
By 2030, Filatex Share Price is expected to be a primary participant in the worldwide cloth market. The business employer’s percentage charge have to potentially obtain 209 INR, reflecting its sustained increase and strong marketplace role. Filatex’s ability to comply to converting market dynamics and its dedication to excellent have to make it a desired preference for investors.
- Raw Material Costs: Fluctuations in the value of raw materials, including petrochemicals, ought to impact Filatex’s profits margins and, consequently, its percentage rate. The business enterprise needs to manipulate these expenses efficaciously to hold its increase.
- Global Economic Conditions for Filatex Share Price: Any downturn in the global monetary system should have an impact on the demand for synthetic fibers, which can, in flip, effect Filatex’s proportion charge. The organization’s functionality to navigate thru such demanding situations may be important.
- Regulatory Risks for Filatex Share Price: Changes in rules associated with the fabric agency, each in India and globally, need to pose dangers to Filatex’s operations. The enterprise wishes to live compliant with all relevant policies to keep away from any terrible effect on its percentage rate.
FAQs approximately Filatex Share Price Target
What is the anticipated proportion rate of Filatex in 2024?
The predicted Filatex Share Price in 2024 is round 88 INR, driven with the useful resource of the company’s capability growth and strong marketplace demand for artificial fibers.
What factors may also want to have an effect on Filatex Share Price inside the coming years?
Key elements encompass global demand for synthetic fibers, technological advancements, sustainability initiatives, government guidelines, and marketplace opposition.
What are the risks associated with making an investment in Filatex?
Risks consist of fluctuations in uncooked material costs, international monetary conditions, and regulatory modifications that might effect the enterprise’s operations and profitability.
How does Filatex’s recognition on sustainability have an effect on its percentage fee?
Filatex’s reputation on sustainability ought to entice extra traders and offer a aggressive aspect, definitely impacting its percentage charge.
What is the lengthy-time period percentage charge target for Filatex thru 2030?
The lengthy-term Filatex Share Price target by 2030 is around 209 INR, reflecting its sustained boom and robust market position.
How has Filatex’s shareholding sample changed in brand new quarters?
As of June 2024, the promoter’s keeping remains unchanged at 64.76%, even as FII/FPI holdings reduced from 5.94% to 5.20%, and institutional investors’ holdings decreased from 8.29% to 7.55%.
Is Filatex a fantastic lengthy-time period investment?
Given the agency’s boom opportunities, attention on innovation, and strong market feature, Filatex can be a promising lengthy-time period investment. However, buyers need to keep in thoughts the associated dangers and market conditions in advance than making any choices.
