Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately twenty-five percent is targeted. The retailer will also expand its store network to three hundred fifty locations. This move supports growth in India and international markets.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.