Filatex India Share Price

Filatex India Investment Rating

• Master Rating:

• Filatex India has an operating revenue of Rs. 4,152.47 Cr. on a trailing 12-month basis. An annual revenue growth of 72% is outstanding, Pre-tax margin of 12% is healthy, ROE of 27% is exceptional. The company has a reasonable debt to equity of 28%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 6% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 73 which is a FAIR score but needs to improve its earnings, a RS Rating of 52 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 121 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.