Nykaa hits all-time low; slips 19% in one week on weak Q3 results

With the past one week's decline, the stock price of Nykaa has slumped 40 per cent from its record high of Rs 2,574 touched on November 26, 2021.

Shares of FSN E-Commerce Ventures, the parent company of beauty e-tailer Nykaa, hit an all-time low of Rs 1,536, down nearly 7 per cent on the BSE in Monday’s intra-day trade. It has fallen below its previous low of Rs 1,571.30 touched on January 27, 2022. In comparison, the S&P BSE Sensex was down 1.8 per cent at 57,138 points at 10:53 am.

The stock of the cosmetics-to-fashion retailer has slipped 19 per cent in the past one week after the company reported a weak set of numbers for the October-December quarter (Q3FY22).

With the past one week's