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Nykaa hits lowest level since listing; stock slips 53% from record high

With this recent fall, the market price of Nykaa has tanked 53 per cent from its record high level of Rs 2,574, which it had touched on November 26, 2021

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The Nykaa application for online purchases | Bloomberg

SI Reporter Mumbai
Shares of FSN E-Commerce Ventures (Nykaa) were down 1 per cent to hit a new low of Rs 1,206.90 on Friday, in an otherwise firm market.

The stock hit lowest level since its listing in November last year and was down the fourth straight day at Rs 1,206.90, falling 6 per cent, during the period. In comparison, the S&P BSE Sensex was up 1.8 per cent at 58,245 points at 01:36 PM.

With this recent fall, the market price of Nykaa has tanked 53 per cent from its record high level of Rs 2,574, which it had touched