Nykaa share price jumps over 5% after strong Q2 results. Should you buy, sell or hold the stock?
1 month, 1 week ago

Nykaa share price jumps over 5% after strong Q2 results. Should you buy, sell or hold the stock?

Live Mint  

Nykaa share price jumped over 5% in early trade on Wednesday, November 13, after the company reported strong results for the second quarter of the financial year 2024-25. FSN E-Commerce Ventures, the operator of fashion and beauty retailer Nykaa, reported a net profit growth of 72% year-on-year to ₹10.04 crore for the quarter ended September 2024. The brokerage firm maintained a ‘Buy’ rating on Nykaa shares but cut the target price to ₹205 per share from ₹220 earlier. It retained a ‘Sell’ rating and reduced Nykaa's share price target to ₹170 apiece from ₹190 earlier.

Share Crore Yoy Nykaa Nykaa Shares  results  q2  nykaa  hold  fashion  stock  shares  crore  segment  jumps  price  share  quarter  higher  strong  sell  yoy

History of this topic

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more
1 month, 1 week ago

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Hyundai Motor India: The automaker reported a 16% decrease in consolidated net profit to ₹1,375.47 crore for Q2FY25, down from ₹1,628 crore a year earlier, due to weak local demand and global geopolitical challenges. Religare Enterprises: The company reported a consolidated net profit of ₹68.49 crore …

Stocks to watch: Vodafone Idea, Eicher Motors, GRSE, Swiggy, Nykaa
1 month, 1 week ago

Stocks to watch: Vodafone Idea, Eicher Motors, GRSE, Swiggy, Nykaa

India Today  

The stock market witnessed a slump on Tuesday, extending its correction phase with the Sensex dropping over 800 points and the Nifty shedding 200 points. BSE Leading stock exchange BSE reported a significant 193% growth in consolidated net profit for Q2, reaching Rs 346 crore compared to Rs 118 crore in the same quarter last year. Nykaa FSN E-Commerce Ventures, …

Nykaa Q2 Results: Net profit jumps 71.6% YoY to ₹10.04 crore
1 month, 1 week ago

Nykaa Q2 Results: Net profit jumps 71.6% YoY to ₹10.04 crore

Live Mint  

Nykaa Q2 Results: FSN E-Commerce Ventures, the operator of the Nykaa brand, announced on Tuesday a consolidated net profit of ₹10.04 crore for the quarter that concluded on September 30, 2024, marking an increase of 71.6% compared to ₹5.85 crore it recorded during the same quarter last year. The firm's consolidated revenue from operation for the quarter ended September stood …

Retail buyers dump LIC, Nykaa, others
1 year, 4 months ago

Retail buyers dump LIC, Nykaa, others

Live Mint  

MUMBAI : A clutch of companies that eroded billions in shareholder wealth since their public listing has seen an exodus of retail shareholders, a Mint analysis of exchange data showed. At least 2.2 million retail shareholders, 73 large foreign institutional investors, and 22 mutual funds sold shares of 12 large companies, including Nykaa, Life Insurance Corporation of India and Paytm, …

Nykaa's pink sale fails to lift the blues
1 year, 6 months ago

Nykaa's pink sale fails to lift the blues

Live Mint  

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, has some bright spots in its March quarter results. This is the first time in the March quarter where Nykaa’s Ebitda margin has risen sequentially post a seasonally-best December quarter, said JM Financial Institutional Securities analysts in a 25 May report. Also, annual unique transacting customers saw an addition of 0.4 …

Nykaa share price falls over 2% ahead of Q4 earnings
1 year, 7 months ago

Nykaa share price falls over 2% ahead of Q4 earnings

Live Mint  

Nykaa share price fell over 2% in early trade on Wednesday ahead of the release of the company’s March quarter earnings. Nykaa’s net profit during the quarter is expected to rise 4% YoY to ₹8.9 crore. The company’s revenue in Q4FY23 is likely to see a growth of 31.3% YoY to ₹1,278.1 crore, as per ICICI Securities estimates. In the …

Nykaa shares: Should you buy even as Q3 profit plunges 71%? What brokerages say
1 year, 10 months ago

Nykaa shares: Should you buy even as Q3 profit plunges 71%? What brokerages say

Live Mint  

Beauty and fashion firm FSN E-Commerce Ventures Ltd, parent of cosmetics-to-fashion retailer Nykaa, reported about 71% slump in the net profit for the third quarter ended December 2022 of the current fiscal at ₹8.4 crore as compared to ₹29 crore in the year ago quarter. “FSN E-Commerce Ventures reported a mixed bag—it met growth expectations, but margins undershot as gross …

Nykaa underperforms Zomato, Paytm in last 1 year! Is it still a good buy?
1 year, 10 months ago

Nykaa underperforms Zomato, Paytm in last 1 year! Is it still a good buy?

Live Mint  

E-commerce stock FSN ECommerce Ventures has underperformed its competitive stocks Zomato and Paytm i the last 1 year. It further predicted that its fair value estimates for Nykaa's fashion business at different revenue CAGR and operating profit margin assumptions range between Rs 14 and Rs 75. In the September quarter, Nykaa posted a 344 percent year-on-year jump in its September …

Nykaa stock in focus as Goldman Sachs, Mirae Asset, other investors buy stake
2 years ago

Nykaa stock in focus as Goldman Sachs, Mirae Asset, other investors buy stake

Live Mint  

Nykaa stock is expected to remain in focus today after some big investors buying stake in the company via block deal executed on 15th December 2022. According to BSE block deal details, Goldman Sachs, Mirae Asset Mutual Fund, ICICI Prudential Life Insurance Company and Canada Pension Plan Investment Board have bought stake in FSN E-Commerce Ventures Ltd. Here we list …

Nykaa shares trade ex-bonus; lock-in period also ends today
2 years, 1 month ago

Nykaa shares trade ex-bonus; lock-in period also ends today

Live Mint  

Shares of FSN E-Commerce Ventures Ltd, that runs online fashion marketplace Nykaa, started trading ex-bonus on Thursday, a day ahead of its record date for the bonus issue of equity shares in the ratio of 1:5. Last month, Nykaa announced that its board approved the issuance of bonus equity shares of the company in the ratio of 1:5 i.e., the …

What to do with Nykaa? While HDFC Securities sees a 30% downside; HSBC expects an over 95% rise
2 years, 1 month ago

What to do with Nykaa? While HDFC Securities sees a 30% downside; HSBC expects an over 95% rise

Live Mint  

While FSN E-Commerce Ventures listed at a 78 percent premium from its issue price of Rs 1,125, it has witnessed a massive decline since then. Nykaa stock price trend Brokerage Calls Recently, domestic brokerage house HDFC Securities initiated coverage on the stock with a 'sell' call. The brokerage maintained a 'buy' call on the beauty products firm with a target …

Why Nykaa’s fashion biz is a blemish for growth
2 years, 1 month ago

Why Nykaa’s fashion biz is a blemish for growth

Live Mint  

Expiry of the one-year lock-in period for pre-initial public offering investors has been an overhang for stocks of new-age companies. “Despite the fashion business being at an early stage, low single-digit quarter-on-quarter growth is a disappointment even while it reflects management focus on measured growth rather than adopting an aggressive stance of chasing growth at any cost,” said analysts at …

Nykaa Q2 Profit Skyrockets 333% on Festive Demand, Revenue Up 39%; Shares Surge
2 years, 1 month ago

Nykaa Q2 Profit Skyrockets 333% on Festive Demand, Revenue Up 39%; Shares Surge

News 18  

Nykaa Q2 Results: FSN E-Commerce Ventures Ltd, which runs online fashion retailer Nykaa, on Tuesday reported a 333 per cent jump in September-quarter net profit, boosted by strong demand for its products ahead of the festive season. The company has revised its record date for the purpose of determining members eligible for bonus equity shares to November 11, 2022. “We …

What’s adding sparkle to Nykaa shares
2 years, 4 months ago

What’s adding sparkle to Nykaa shares

Live Mint  

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, is spreading its wings fast. Nykaa’s fashion business continued to make Ebitda losses, but its gross merchandise value, the value of orders, rose by 21% sequentially in Q1. “We believe growth on a smaller base in fashion is slower than anticipated as Nykaa Fashion is being strongly challenged by Myntra in …

Rakesh Jhunjhunwala-backed stock jumps 16% after Q1 results
2 years, 4 months ago

Rakesh Jhunjhunwala-backed stock jumps 16% after Q1 results

Live Mint  

Rakesh Jhunjhunwala portfolio: After hitting fresh 52-week low of ₹475.05 on NSE in July 2022, online gaming stock Nazara Technologies shares have rebounded strongly from its lows. After announcement of strong Q1 results on Friday last week, Nazara Technologies share price today opened with a big upside gap and went on to climb to its intraday high of ₹625.50 apiece …

Nykaa to now compete with Page Industries in men’s innerwear, shares surge
2 years, 5 months ago

Nykaa to now compete with Page Industries in men’s innerwear, shares surge

Live Mint  

Shares of Nykaa surged more than 4% to ₹1,455 apiece on the BSE in Thursday's early deals after the company said it has expanded into men’s innerwear and athleisure category with GLOOT. By expanding into the men's innerwear category, Nykaa will now compete with listed player Page Industries, which is involved in manufacturing and retailing innerwear, and has the exclusive …

Vodafone Idea Shares Fall Over 5%, Nykaa Plunges 11%
2 years, 10 months ago

Vodafone Idea Shares Fall Over 5%, Nykaa Plunges 11%

ABP News  

New Delhi: Shares of Vodafone Idea plunged over 5 per cent in early trade on Monday after the company reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The telecom company's stock dropped 5.46 per cent to Rs 11.25 on the BSE. On the other hand, shares of Nykaa, consumer technology platform, …

Nykaa Founder Falguni Nayar Started at 50; With $6.5 Billion, She is Now Among World's Richest
3 years, 1 month ago

Nykaa Founder Falguni Nayar Started at 50; With $6.5 Billion, She is Now Among World's Richest

News 18  

India’s only unicorn, Nykaa, led by a woman made its debut at Dalal Street on Wednesday, November 10, and the stellar response shot CEO and founder Falguni Nayar’s net worth to new heights. Falguni Nayar, who owns almost half of Nykaa’s shares is now worth $6.5 billion as shares of her company surged to 89 per cent as they started …

Nykaa IPO: Here are the steps to check application status and share allotment online
3 years, 1 month ago

Nykaa IPO: Here are the steps to check application status and share allotment online

Firstpost  

According to recent data that is available with National Stock Exchange, the IPO received bids for 2,16,59,47,080 shares The initial public offering share allotment of Nykaa, the popular beauty and wellness brand, is scheduled to take place today, 8 November. According to recent data that is available with National Stock Exchange, the IPO received bids for 2,16,59,47,080 shares. Furthermore, the …

Nykaa IPO Grey Market Premium; When and How to Check Share Allotment, Refund, Listing
3 years, 1 month ago

Nykaa IPO Grey Market Premium; When and How to Check Share Allotment, Refund, Listing

News 18  

Nykaa initial public offering received an overwhelming response from the investors, when it had opened for subscription. How to Check Nykaa IPO Allotment Status via BSE 1) Go to the official BSE website. How to Check Nykaa IPO Allotment Status via the Registrar’s Website 1) Go to the Link Intime India website using the URL: 2) Select the ‘FSN E-Commerce …

Nykaa IPO GMP, Subscription Status, Financials: Last Day to Invest, Should you Buy?
3 years, 1 month ago

Nykaa IPO GMP, Subscription Status, Financials: Last Day to Invest, Should you Buy?

News 18  

Nykaa’s initial public offering has received a strong response from the investors in the first three days. Investors made bids for 25.68 crore equity shares against the total issue size of 2.64 crore equity shares on till now, according to the data available from the National Stock Exchange. Accordingly, the company has a unique business proposition amongst its customer base …

Nykaa IPO opens for subscription today | Price band, lot size, grey market premium, other details
3 years, 1 month ago

Nykaa IPO opens for subscription today | Price band, lot size, grey market premium, other details

India TV News  

Nykaa IPO: The initial public offering of Nykaa has opened for public subscription on Thursday and will conclude on November 1. It comprises equity shares aggregating up to Rs 630 crore and an offer for sale of up to 41,972,660 equity shares being offered by the selling shareholders Nykaa IPO: Price Band The Rs 5,352-crore public issue, Nykaa has fixed …

Nykaa raises Rs 2,396 crore from anchor investors ahead of its initial share sale
3 years, 1 month ago

Nykaa raises Rs 2,396 crore from anchor investors ahead of its initial share sale

Firstpost  

The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty and wellness products Nykaa, on Wednesday said it has raised Rs 2,396 crore from anchor …

Nykaa IPO Opens Today: Price, GMP, Strength, Valuation, Key Risks; Should you Invest?
3 years, 1 month ago

Nykaa IPO Opens Today: Price, GMP, Strength, Valuation, Key Risks; Should you Invest?

News 18  

Nykaa IPO Opens Today: The much awaited initial public offering of FSN E-commerce Ventures, which owns popular beauty and wellness product online marketplace Nykaa, is all set to open on Thursday, October 28. At upper price band of Rs 1,125, Nykaa IPO could raise up to Rs 5,352 crore from the issue. Nykaa IPO: Key Strengths Nykaa is the largest …

Nykaa IPO GMP, Price, Financials, Key Details to Know Before Subscription Opens
3 years, 1 month ago

Nykaa IPO GMP, Price, Financials, Key Details to Know Before Subscription Opens

News 18  

Nykaa, one of the most popular online marketplace for beauty and personal care products in India, is all set to launch its mega initial public offering on October 28. FSN E–Commerce Ventures, which runs Nykaa and Nykaa Fashion, plan to raise a whopping Rs 5,352 crore from Nykaa IPO. Nykaa IPO Issue Size: Nykaa IPO comprises a fresh issue worth …

Top six employees of Nykaa set to make over ₹850 crore
3 years, 1 month ago

Top six employees of Nykaa set to make over ₹850 crore

Live Mint  

Six senior executives at Nykaa stand to make a total of more than ₹850 crore or $115 million through their shareholding and vested options as the company’s initial public offering opens on 28 October. Reena Chhabra, the chief executive officer of the company’s private label division FSN Brands, stands to make ₹250 crore with 2.1 million shares and 0.12 million …

Nykaa IPO Opens Next Week, Plans to Raise Rs 5,200 Crore; Know Date, Price, Key Details
3 years, 2 months ago

Nykaa IPO Opens Next Week, Plans to Raise Rs 5,200 Crore; Know Date, Price, Key Details

News 18  

Nykaa, one of the most popular online marketplaces for beauty and wellness products in India is all set to launch its initial public offering on October 28, according to sources. The anchor issue to raise up to Rs 2,340 crore will open on October 27, one day prior to Nykaa IPO. The Rs 5,200-crore Nykaa IPO will include a primary …

Nykaa IPO: Beauty Retailer Looks to List at $ 4.5 Billion Valuation, Reports Say
3 years, 6 months ago

Nykaa IPO: Beauty Retailer Looks to List at $ 4.5 Billion Valuation, Reports Say

News 18  

Beauty and fashion retailer Nykaa is planning to go public in 2022 at a valuation of $ 4.5 billion. Speaking to The Mint, a source close to the company’s plans added that Nykaa is looking to file its first draft of the red herring prospectus by this June end or early July. While the price band of the offer is …

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