Prabhudas Lilladher Recommends Buying Flair Writing Industries, Sets Rs 382 Target

The broker’s report says it cut EPS estimates by 9%, 7.3% and 0.4% for FY27E, FY28E and FY29E, respectively, citing revised top-line growth and gross-margin assumptions. It also reports gross margin of 48.7% versus its 49.8% estimate.