Page 2 - FSN E-Commerce Ventures Ltd News
Nykaa gets a thumbs up from investors after a strong Q2 performance
Further gains in margins and growth acceleration in the fashion section are potential triggers
 "Nykaa gets a thumbs up from investors after a strong Q2 performance")
Should you bet on new-age tech stocks after a mixed Q2?
Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?
 "Should you bet on new-age tech stocks after a mixed Q2?")
FPI buying gives wings to Nykaa shares; surge 20% post persistent sell-off
Aberdeen Standard Asia Focus Plc (4.27 million), and Norges Bank on account of Government T Petroleum Fund (3.98 million) bought a combined 8.25 million shares via block deals on Thursday
 "FPI buying gives wings to Nykaa shares; surge 20% post persistent sell-off")
Nykaa tumbles 7% on heavy volumes; stock trades ex-bonus for 5:1 issue
Till 10:02 am; a combined 57.35 million equity shares had changed hands on the NSE and BSE
 "Nykaa tumbles 7% on heavy volumes; stock trades ex-bonus for 5:1 issue")
Nykaa shares slump as one-year lockup period of pre-IPO investors ends
Selling pressure from pre-IPO investors feared in four start-ups this month
 "Nykaa shares slump as one-year lockup period of pre-IPO investors ends")
Nykaa to turn ex-date on Thursday for 5:1 bonus issue; stock sheds 4%
The board of the company has fixed Friday, November 11, 2022 as the 'Record Date' for the purpose of determining the members eligible for bonus equity shares
 "Nykaa to turn ex-date on Thursday for 5:1 bonus issue; stock sheds 4%")
Bandhan Bank, UPL, Macrotech and Nykaa offer highest upside potential
Consensus target price for these stocks well above current market price
 "Bandhan Bank, UPL, Macrotech and Nykaa offer highest upside potential")
Online cosmetics retailer Nykaa's Q2 net more than doubles to Rs 5.2 cr
Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore
Nykaa down 24% in one month, bows out of top-100 valued firms' club
The sharp selloff in Nykaa has come ahead of the end of one-year post IPO lock-in period, which ends next month.
 "Nykaa down 24% in one month, bows out of top-100 valued firms' club")
Nykaa hits record low; slips below issue price with 15% decline in 1 month
With the recent fall, the market price of Nykaa has tanked 56 per cent from its record high level of Rs 2,574, which it had touched on November 26, 2021
Nykaa hits lowest level since listing; stock slips 53% from record high
With this recent fall, the market price of Nykaa has tanked 53 per cent from its record high level of Rs 2,574, which it had touched on November 26, 2021
