Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd
The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance
Adani Wilmar, Venus Pipes & Tubes, Hariom Pipe Industries and Veranda Learning Solutions are the top multi-bagger debutants that delivered 109-135 per cent returns in 2022
In past two trading days, the stock price of Nykaa has declined 5 per cent after Kravis Investment Partners II offloaded 36.7 million shares of the company at a price of Rs 171 apiece.
Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare
Paytm, Policybazaar, Zomato, and Nykaa have been the worst hit, falling between 50.5 per cent and 60 per cent thus far in 2022
New-age stocks had a nightmarish 2022. Paytm's shares crashed over 70% from their issue price. Nykaa tumbled nearly 85%. Analysts feel 2023 may bring more pain for some of these stocks
BharatPe has filed a case against Ashneer Grover's wife, Madhuri Jain, under Section 420 for a fraud of Rs 88 crore
CLOSING BELL: The S&P BSE Sensex hit a fresh life-time high at 62,701, and the Nifty 50 registered a fresh summit at 18,614 on Monday
"We are excited to welcome Arvind to our leadership team," said Prosus-owned PayU India in a statement
Beauty and fashion e-commerce firm Nykaa has recorded a 75 per cent growth in gross merchandise value and a 12-fold jump in revenue on Day 1 of its Pink Friday sale, the company said on Friday. The company said that it recorded over 400 orders per minute on the first day of the sale which started on November 21. "Nykaa Pink Friday Sale has delivered a 75 per cent growth in GMV compared to the previous year. With over 400 orders recorded every minute on Day 1 this year, the total order volume reached 8 lakhs," Nykaa spokesperson said. The sale will be live until November 28 on its website, app and Nykaa stores. The number of visitors on Day 1 of Pink Friday grew by 37 per cent to 10 million, the company claimed. "A slew of unmissable brand offers led to Nykaa clocking a growth of 34 per cent in unique visitors from 4.3 million on last year's Day 1 to 5.8 million this year. Among categories that did well compared to regular days, purchases of make-up, skincare and haircare rose ...
Shares of Nykaa have managed to hold ground above its all-time low despite multiple bouts of selling pressure from pre-IPO investors, thus raising hope for the bulls at the counter
On Tuesday, private equity firm Lighthouse India sold 18.44 million equity shares worth of Rs 336 crore of FSN E-Commerce Ventures through a block deal.
Stocks to Watch: Inox Green Energy Services will make its debut on the bourses today. The issue price has been fixed at Rs 65 per share
Share prices, trading activity slump amid rising uncertainty for startup listings
Lighthouse India Fund III on Tuesday offloaded shares of e-commerce beauty company Nykaa for nearly Rs 336 crore through an open market transaction. Lighthouse India Fund III sold 1.84 crore shares in ten tranches at an average price of Rs 182 apiece, as per the block deal data available with the BSE. The total value of the transaction is Rs 335.72 crore. These shares were acquired by ICICI Prudential Mutual Fund (MF), Aditya Birla Sun Life MF, BNP Paribas Arbitrage, Morgan Stanley Asia Singapore Pte and Ontario Teachers Pension Plan Board, among others. The stock of Nykaa, which got listed on the bourses last November, is in focus as the mandatory lock-in period for pre-offer investors came to an end on November 10. On Tuesday, shares of the company closed 4.55 per cent lower at Rs 175.20 per piece on BSE.
The FSN E-Commerce Ventures, that runs the fashion and beauty platform Nykaa, announced the resignation of its chief financial officer (CFO) Arvind Agarwal today on November 22
Since Nov 10, when the stock price of Nykaa turned ex-bonus and the lock-in period ended, investors as well as private equity firms have offloaded around 181 million equity shares
Stocks to Watch: Kaynes Technology will make its debut today. The issue price is fixed at Rs 587 per share
The six-month post-initial public offering (IPO) lock in on shares of Delhivery ended on November 20