Filatex India Share Price Analyzed
Filatex India’s share price rose significantly on October 23, 2025, reaching ₹57.36 per share. This increase, part of a broader market trend, was driven by a major strategic partnership. The company’s stock finished the day at ₹56.77, up 0.9%.
Key Points
- New partnership boosts Filatex India’s share price.
- Collaboration focuses on textile recycling and sustainability.
- Revti Business provides textile waste and sales.
- Wastewear Inc. handles international marketing.
- Filatex converts waste to recycled yarn.
- Partnership aligns with global environmental goals.
The core of this price movement is a new collaboration. Filatex India, Revti Business Pvt. Ltd., and US-based Wastewear Inc. signed an agreement to tackle textile waste. This partnership is aimed at creating a more sustainable approach to producing yarn.
The details of the MoU (Memorandum of Understanding) show a commitment to turning old textile waste into valuable materials. Filatex will process this waste into recycled polyester, while Revti Business will supply the waste and sell the finished product. Wastewear Inc. will oversee the import of the waste and promote the “ecosis” yarn brand globally.
Filatex India, a well-established company, has grown considerably since its founding in 1990. It now produces over 400,000 metric tons of yarn annually using advanced technology. The company’s focus on innovation and customer needs is helping drive its success in both domestic and international markets.
“This partnership reflects our shared commitment to scaling textile recycling infrastructure in India while aligning with global sustainability goals.” – Madhu Sudhan Bhageria, CMD of Filatex India Ltd.
