Nykaa Q3 results preview: Analysts and investors will keep an eye on management's commentary fashion segment, unwinding on working capital and competitive landscape shift
India's beauty and personal care (BPC) industry is entering a consolidation phase with global giants seeking a grip over the changing consumer habits, according to the analysts
The rise in Nykaa share price was fuelled by a healthy December quarter (Q3FY25) business update
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The 'Death Cross' term is used when the stock's 50-DMA falls below 200-DMA; which in general leads to a tepid trend thereafter.
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Nykaa Fashion chief executive officer Nihir Parikh has resigned and has been relieved with immediate effect, a regulatory filing said on Thursday. Nykaa Fashion is the fashion vertical of FSN E-commerce Ventures Ltd. "Nihir Parikh has resigned effective December 05, 2024, on account of personal commitments. He has been relieved from the services w.e.f. (with effect from) close of business hours of December 5, 2024," FSN E-commerce Ventures said in the filing. The fashion vertical accounts for less than 10 per cent of the company's revenue. The beauty segment of the company accounts for the majority of the revenue. Nykaa Fashion is still a loss-making vertical. The company has posted a consolidated net profit of Rs 12.97 crore and revenue of Rs 1,874 crore for September 2024 quarter.
It was a mixed debut for the new 45 entrants in the derivatives segment as 50 per cent of the shares traded with losses in intra-day deals on the NSE.
Nykaa had previously acquired a minority stake in the company in 2022 through a combination of primary and secondary transactions
The company's board approved further investments in ERPL through primary and secondary rounds, in one or more tranches, resulting in ERPL becoming a subsidiary of Nykaa
With new-age companies delivering healthy September quarter results, analysts still remain on a wait-and-watch mode. Here's why
Nykaa reports Q2 results with 72 per cent increase in consolidated net profit for the second quarter at Rs 10 crore as compared to Rs 5.85 crore a year ago
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Growth was bolstered by robust revenues across its beauty and fashion businesses
Q2 results today, November 12: General Insurance, Zydus, and Bosch will release their Q2FY25 results
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In the previous session on Monday, November 11, the BSE Sensex and NSE Nifty50 ended the trading session on a flat note following a choppy day
Although expecting the beauty and personal care company to post robust second quarter numbers, analysts and investors will be tracking the company's growth in the fashion segment, apart from managemen
As quick commerce reshapes retail, Nykaa, Licious, and Myntra are testing ultra-fast delivery models to cater to growing consumer demand across various product categories
Shares of FSN E-Commerce Ventures, parent of e-commerce brand Nykaa dropped as much as 2.65 per cent a piece on the BSE in Tuesday's intraday trade