Shares of FSN E-Commerce Ventures, which operates online beauty and fashion retailer Nykaa, fell over 11% to the day’s low of Rs 130.10 on the NSE on Monday after a clutch of brokerages spelt out growth headwinds in their post earnings review of the stock. BofA, which has taken a neutral view on the counter, … Read more
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
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