Filatex India shares can rally to Rs 118? Why Equirus Prive initiated coverage on the stock

· economictimes.indiatimes.com

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.

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