nykaa stock target

Nykaa shares drop 11%. Here’s what troubled investors after Q1 results

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Nykaa shares drop 11%. Here’s what troubled investors after Q1 results

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

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

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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