nykaa stock update

Harindarpal Singh Banga to sell 1.4% stake in Nykaa for Rs 809 crore

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Harindarpal Singh Banga to sell 1.4% stake in Nykaa for Rs 809 crore

Mumbai: Businessman Harindarpal Singh Banga and wife Indra Banga are likely to sell a 1.4% stake worth Rs 809 crore on Friday through block deals. According to the term sheet issued by the bankers, the Bangas plan to sell 4.09 crore shares at a floor price of Rs 198 apiece, which represents a 5.9% discount … Read more

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

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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