Positional and fundamental breakdown for Flair Writing Ind

Technical Setup (Daily Chart)
CMP: ₹309.20

Breakout: The stock has decisively cleared resistance around ₹288 with strong momentum.

EMAs (5–9–20): Recently aligned upward, indicating bullish momentum.

Entry: Consider entering on a confirmed close above ₹288–290.

Stop-Loss: Place a daily close stop below ₹288.

Targets:

🎯 T1: ₹340

🎯 T2: ₹380

🧾 Fundamental Snapshot
Metric Value
Market Cap ~₹3,262 Cr
P/E Ratio (TTM) ~29×
Book Value / Share ₹95
ROCE ~15.6%
ROE ~12.6%
Net Margin ~11%
Debt/Equity Near 0 – virtually debt-free
Growth 5‑yr sales CAGR ~10%, profit CAGR ~24%
Intrinsic Valuation Base-case ~₹306, inline with CMP

Highlights:

India’s top-3 stationery/writing instruments maker with strong export presence.

Excellent solvency: high Altman Z-score (~10.8), almost zero debt — stable foundation

.

Consistent profitability and growing sales — net margins at ~11%.