Nykaa shares drop 5% on weak Q3 print. Should you buy, sell or hold?

Nykaa shares drop 5% on weak Q3 print. Should you buy, sell or hold?

NEW DELHI: Shares of beauty and fashion e-tailer FSN E-Commerce Ventures, which runs , on Tuesday lost up to 5% to hit day’s low at Rs 142.05 after investors were left disappointed with its December quarter growth. Analysts say Nykaa’s revenue growth of 33% YoY in Q3 was lower than expectations. The miss is being … Read more

Nykaa Q3 preview: Sales, PAT may see double-digit growth, view on margin mixed

Nykaa Q3 preview: Sales, PAT may see double-digit growth, view on margin mixed

Strong sales growth in both beauty and personal care products and fashion business is expected to have helped e-retailer FSN E-Commerce Ventures put up a good show for the quarter ended December. Analysts expect the company to report a 29-40% year-on-year (YoY) growth in consolidated revenue from Rs 1,098 crore. Net profit is likely to … Read more