This textile stock would have tripled your investment in just one year, check it out!

Yersterday stock is locked in the upper circuit at 18.15 per share for the second consecutive trading day, gaining by 5 per cent.

The company, Filatex Fashions, is a major supplier to leading brands like Fila India, Adidas, Park Avenue, Tommy Hilfiger and Metro. It is also supplier of socks to a license holder brand like Walt Disney, Warner Brothers, Mickey Mouse and Simpsons and 32 more brands licenses. 

Today's stock is locked in the upper circuit at 18.15 per share for the second consecutive trading day, gaining by 5 per cent. The stock has delivered an outstanding return of more than 48 per cent over the past month.  

Additionally, during the past six months, shares of Filatex Fashions have increased by more than 128 percent. Also, during the past year, shares of Filatex have skyrocketed by 333 per cent, from Rs 4.19 per share to Rs 18.15 per share. 

Filatex Fashions is a company engaged in the manufacturing and sale of knitted socks at its state of art manufacturing unit located at Hyderabad having ultra-modern, latest machinery from Korea and Italy with in-house R and D facilities. The company has informed the Exchange that it intends to acquire 51 per cent of the Equity Share Capital in Isabella private Limited, Sri Lanka for a consideration of Rs 62.39 crores approximately. Isabella is also operating into the business of Manufacturing Apparels and related Products in Sri Lanka. 

The business is a significant provider to well-known online retailers like Amazon, Flipkart, Snapdeal, ShopClue, etc. The business not only supplies high-quality goods, but it also has its own brands, Tuscany and Smartman, which are gaining popularity. Additionally, the business has produced for reputable names including Mark & Spence, Hugo Boss, Giovanni, Primavera, and numerous other top European fashion houses.