Indian cosmetics and fashion retailer Nykaa on Thursday entered a strategic alliance with Dubai-based fashion and lifestyle retail conglomerate Apparel Group to expand in Gulf countries
The company has fixed November 03, 2022, as the record date for the purpose of determining shareholders eligible for bonus equity shares.
CLOSING BELL: ITC, Dr Reddy's Labs, Tata Steel, Sun Pharma, M&M, NTPC, and Nestle India were the top large-cap winners, while Asian Paints, Tech M, Wipro, TCS, Titan, Kotak Bank sank
Sun Pharmaceutical seems set to register a new 52-week high; while Tata Motors and Torrent Pharmaceuticals are yet to take-off their respective obstacles, charts show.
However, in the past six months, the has stock shed 17 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.
Stock to watch today: Nykaa's board meeting will be held on October, 3 to consider and approve the issuance of bonus shares
The IIFL Wealth Hurun India Rich List 2022 showed that 100 start-up founders in India have a net worth of more than $10 billion
Adani was far ahead of Reliance Industries' chairman Mukesh Ambani (Mukesh Ambani & family), whose wealth rose 11 per cent in the last one year
This is a transformational change, and the Bank will migrate to eBG to benefit all its customers, the bank said
PE funds like Advent, TPG, Temasek and GIC have sped up their investments in India with larger cheques of $100 million or more
Actress Priyanka Chopra Jonas on Thursday announced partnership with beauty and wellness e-commerce firm FSN E-commerce, which operates under Nykaa brand, to launch her haircare brand Anomaly in India. During the launch, Jonas said that she still prefers to use Indian traditional methods of beauty care like rouge, curd, honey but her product Anomaly has been developed with ingredients to enable people treat their hair when they are running short of time. "I'm so proud to bring Anomaly haircare to India. What makes our India launch incredibly special is that this brand was born here, from the hair care routines I followed growing up, and now it's coming home," Jonas said. She said that Indian beauty has been entrenched in nature and plants. "You will see a massive use of plants, vegetable protein, rice starch, avocado, oil...just really beautiful ingredients that go into making your hair strong and the best that they can possibly be. I wouldn't say it's (Anomaly) a replacement ...
Food delivery aggregator Zomato, for instance, has brought down its losses by huge margin
New-age tech companies have reported good June quarter results. But analysts believe it will be a long road to recovery for their respective businesses. Is this the right time to own these stocks?
The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
Paytm and Nykaa have logged smart gains gains in trade so far on Monday post Q1 results, while SBI and BPCL declined notably. Going ahead these are the key levels to be watched on these stocks.
Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.
The consolidated revenue from operations of Nykaa increased by 41 per cent to Rs 1,148.42 crore during the reported quarter from Rs 816.99 crore in June 2021 quarter.
"The transaction will enable the company to strengthen its content delivery, drive discovery for brands and make shopping experience more engaging for the customers," Nykaa said in a regulatory filing
Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.