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.
Jefferies expects Gen Z's income to increase 5x as they enter the workplace and are set to surpass Millennials by the end of the decade
Nykaa Q1 results preview: Brokerages have broadly estimated the Ebitda margins to rise to 4.5-4.8 per cent. In the year-ago period and the March quarter, the Ebitda margins stood at 3.3 and 4 per cent
Majority say no to the plan; new-age companies have faced similar hurdles
After Zomato's promising start, global tech meltdown halts listing gravy train
Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, jumped 4.8% on Thursday, a day after it said its fashion segment was expanding into the men's innerwear
However, there is a significant variance in valuations, ranging from Rs 1,300 to Rs 1,730
Nykaa Superstore logs in 45,000 transacting retailers from over 500 cities
Move follows addition to the FTSE index; adjustment to take place on Friday
The cosmetics-to-fashion platform, headed by Falguni Nayar, has said its marketing expenses in 2020 came in exceptionally low as it did not spend as much on advertising due to the pandemic
Stocks to Watch today: JSW Steel, FSN E-Commerce Ventures (Nykaa), Jubilant Pharma, GAIL, Glenmark Pharma, Godrej Industries, PB Fintech (Policy Bazaar) will be in focus ahead of their Q4 results.
Falguni Nayar, an investment banker-turned-entrepreneur, said she had no idea about retail or technology when she decided to take the entrepreneurial plunge in 2012
Market boom, success of global start-ups key drivers
Also picks up stakes in Nudge Wellness and Kica
Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday
She will represent India at the EY World Entrepreneur of the Year Award on June 9.
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said