The IPO of Flair Writing received a strong response from investors with nearly 46.6 times subscription at close. Flair Writing is among the top three players in the overall writing instruments industry and occupies a market share of approximately 9% in the overall writing and creative instruments industry in India, as of March 2023. Its flagship brand “Flair” has enjoyed a market presence of over 45 years.
Positive Breakout: These 6 stocks cross above their 200 DMAs
200 DMA: Rs 585.82| LTP: Rs 609.85