Nykaa positioned for festive cheer; 31% upside likely, says this broker

Nykaa positioned for festive cheer; 31% upside likely, says this broker

NEW DELHI: Global technology stocks might be reeling under pressure on concerns that escalating interest rates and steep inflation could impact their growth and profitability, but ’s recent quarterly results seem to suggest that the company is positioned rather distinctively, said in its latest report. With no external capital requirement, the business remains least impacted … Read more

Buy, sell or hold? How to play Nykaa after strong show in June quarter

Buy, sell or hold? How to play Nykaa after strong show in June quarter

New Delhi: Brokerage firms are majorly positive on FSN E-Commerce Ventures, the parent company of , after the company reported a strong performance in June 2022 quarter. Nykaa’s June quarter consolidated profit jumped 33 per cent YoY to Rs 4.55 crore against Rs 3.41 crore in the corresponding quarter of the last year. The new … Read more

Stocks in the news: TTML, Nykaa, Bharti Airtel, NMDC, Power Grid and Berger Paints

Stocks in the news: TTML, Nykaa, Bharti Airtel, NMDC, Power Grid and Berger Paints

NEW DELHI: Nifty futures on the Singapore Exchange traded 44 points, or 0.26 per cent, higher at 17,304, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade: Power Grid, Nykaa: FSN E-Commerce Ventures (Nykaa), Power Grid, Tata Power Company, … Read more