Flair Writing stock has fallen 20 percent so far since listing on December 1, 2023. In comparison, benchmark Nifty 50 has gained 5 percent during this period.
Flair Writing shares listing in Top News on December 1: TCS’ Rs 17,000-crore share buyback, GNFC’s buyback offer, stock market, Bank Nifty outlook, visa free entry for Indians to Malaysia in focus.
Fedbank Financial is one among five private bank-promoted NBFCs in India. It focuses on catering to the MSMEs and the emerging self-employed individuals sector.
Mumbai headquartered Flair Writing Industries operates in writing and creative instruments sector. The sector size in FY23 was estimated to be around Rs 10,000 crore. The company’s revenue grew by 14% annually between FY17 and FY23 compared with the 5.5% growth for the sector.