Best penny multibagger share to invest (Filatex fashion limited )

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 today, we have come to the topic of best penny share to invest. it is literally 0.50 rupees.




Contents:-

  • about filatfash share 
  • dividend
  • bonus 
  • stock split
  • orders
  • target price 



ABOUT FILATEX FASHION:-

Filatex Fashions Limited is a prominent player in the socks manufacturing industry in India. They specialize in producing high-quality socks using advanced Italian, Korean, and Chinese technologies. Their product range includes cotton, woolen, and silk socks that meet international standards. Filatex has collaborated with renowned global brands like FILA, Adidas, and Marks & Spencer. 

Even, they have its mining business.


DIVIDEND:-


Filatex Fashions Limited has declared dividends in the past. For example, in 2021 and 2019, the company announced a final dividend of ₹0.02 per share. At the current share price, the dividend yield is approximately 4%.



BONUS:-


Filatex Fashions Limited has declared bonuses in the past. For instance, in 2009, the company announced a bonus issue with a ratio of 1:7, meaning shareholders received one additional share for every seven shares they held.


STOCK SPLIT:-


Filatex Fashions Limited recently announced a **1:5 stock split**. This means that each equity share with a face value of ₹5 will be split into five equity shares with a face value of ₹1 each. The purpose of this stock split is to enhance liquidity in the market and broaden the shareholder base.


ORDERS:-



Filatex Fashions Limited has been securing significant orders recently. For instance, its mining subsidiary, Filatex Mines and Minerals Pvt. Ltd., received export orders worth ₹661 crore in 2024. These include a major order from the Republic of Guinea for supplying 1,59,000 tonnes of polished marble tiles over five years, valued at ₹368 crore. Another order involved 2,97,388 metric tonnes of white marble, worth ₹293 crore, over seven years.



TARGET:-



Filatex Fashions Limited has ambitious growth plans for the coming years. The company aims to expand its market presence by focusing on innovation, affordability, and sustainability in its product offerings. It is also leveraging advanced technologies to enhance production efficiency and meet the growing demand for high-quality knitwear products.



TARGET FOR 2025:-APPROX 3 RUPPPES

TARGET FOR 2030:-APPROX 17 RUPPES

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