PRE-MARKET
Equirus Prive has initiated a Buy on Filatex India with a Rs 118 target, implying 53% upside. Capacity expansion, cost-saving initiatives, high-margin recycling business Ecosis and favourable industry tailwinds are expected to drive strong earnings growth and margin expansion through FY29.
Filatex India shares can rally to Rs 118? Why Equirus Prive initiated coverage on the stock
Impact Score
Market Sentiment
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Equirus Prive has initiated a Buy on Filatex India with a Rs 118 target, implying 53% upside. Capacity expansion, cost-saving initiatives, high-margin recycling business Ecosis and favourable industry tailwinds are expected to drive strong earnings growth and margin expansion through FY29.
Key Highlights
Equirus Prive has initiated a Buy on Filatex India with a Rs 118 target, implying 53% upside.
Capacity expansion, cost-saving initiatives, high-margin recycling business Ecosis and favourable industry tailwinds are expected to drive strong earnings growth and margin expansion through FY29..
Source
Economic Times
Published
8h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.