Page 5 - Nykaa

Revved up! Nykaa scales its same, next-day deliveries to 110 cities

Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21

Nykaa appoints Sukhleen Aneja as business head to drive Kay Beauty

Nykaa on Friday announced the appointment of Sukhleen Aneja as Senior Vice President and Business Head for Kay Beauty. Kay Beauty is Nykaa's celebrity beauty brand launched in partnership with Katrina Kaif. Announcing Aneja's appointment, Nykaa, in a release, said her role will focus on propelling growth for Kay Beauty in international markets on the back of a successful launch in India. "Sukhleen will also hold responsibility for Nyveda, a brand based on the science of Ayurveda with a universal appeal in India and abroad, as well as provide strategic directions for a few of the young brands in wellness and personal care," the release added. With over two decades of sales and marketing expertise across Fortune 500 organisations like Unilever, L'Oreal and Reckitt Benckiser, Aneja was most recently the CEO of brands at Good Glamm. Launched in 2019, Kay Beauty is a celebrity makeup brand co-created by Nykaa and Katrina Kaif. "Reaching record sales of over Rs 150 crore annually, Kay

Beauty brand Nykaa sues former top official for contract breach, poaching

Nykaa has sued its ex-chief business officer Gopal Asthana, now at Tata Cliq, for breaching confidentiality and poaching former employees. Nykaa is seeking over Rs 20 crore in damages from Asthana

JM Financial reiterates 'Buy' on Nykaa; ups target price with 15% upside

Based on expectations of the BPC company delivering robust numbers during the festive period this year, JM Financial has raised the target price on Nykaa with an upside of 15 per cent

Trent, BEL to be added to Nifty 50 from Sep 30; Banga sells 1.43% in Nykaa

Index provider NSE Indices on Friday announced fashion retailer Trent and state-owned Bharat Electronics (BEL) will replace Divi's Laboratories and LTI Mindtree in the flagship Nifty 50 index

Public shareholder sells 1.43% stake in Nykaa for Rs 851 cr via block deal

As per the bulk deal data available on the BSE, Harindarpal Singh Banga divested over 4 crore shares, or 1.43 per cent stake, in Nykaa at Rs 208.30 apiece, taking the transaction value to Rs 851.50 cr

Nykaa gains 7% after 1.4% equity change hands vial block deals

According to reports, Harindarpal Singh Banga, a pre-IPO investor in Nykaa, was looking to sell up to 1.4 per cent of his stake in the the company today

Nykaa surges 19% on heavy volumes; stock at highest level since Oct 2022

Jumps 19% intraday; management expects 30% revenue growth for BPC

Ola Electric charges new-age stocks; Can Zomato, Paytm extend rally ahead?

New-age stocks have zoomed up to 80% from Election Result day lows. Charts suggest PolicyBazaar, Paytm, Nykaa and Delhivery can rally another 12%; while Zomato and CarTrade may dip going ahead.

Nykaa shares jump 6% after strong Q1 show; net profits grow 152% YoY

Shares of FSN E-Commerce Ventures soared as much as 5.76 per cent at Rs 197.35 per share on the BSE in Wednesday's intraday trade

Nykaa raises stake in Dot & Key, to acquire Earth Rhythm for Rs 44.5 crore

Dot & Key's revenue for FY24 almost doubled to Rs 198.3 crore from Rs 57.7 crore in FY23

Nykaa Q1FY25 results: Net profit jumps to Rs 14 crore, revenue up 23%

Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Schaeffler experienced a significant decline after reaching its peak near Rs 4,950, dropping approximately 1,155 points, which translates to a substantial 23 per cent decrease in price

Nykaa, SBI Card: Top stock picks by Jigar Patel of Anand Rathi for July 25

It is recommended to 'buy' Nykaa stocks within the price range of Rs 180 to Rs 185

Breakout stocks: Nykaa, DMart, Union Bank can rally up to 20%, hint charts

Union Bank of India, Avenue Supermarts (DMart), CCL Products, FSN E-Commerce Ventures and Tata Power among 9 NSE stocks with bullish MACD crossover on the daily charts.

Stocks to watch, July 11: YES Bank, Glenmark Pharma, Nykaa, SBI, Tata Elxsi

Stocks to watch, July 11: Global rating agency Moody's has revised its outlook on Indian private sector lender Yes Bank from "stable" to "positive"

CPPIB sells stakes in Delhivery, Nykaa; Capital Group in Mankind

Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery

Nykaa expects consolidated revenue to increase 22-23% in Apr-Jun quarter

FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25) with a matching growth momentum for beauty vertical but flagged "muted" demand environment in the fashion industry. In a BSE filing on its quarterly revenue update for the April-June quarter of FY25, the company said for the consolidated entity, the GMV (Gross Merchandise Value) growth for the quarter is seen to be in the mid-20s year-on-year. FSN E-Commerce Ventures also informed that it is commencing vertical-wise segmental reporting, beginning this quarter. "Nykaa - FSN E-Commerce Ventures Limited along with its subsidiaries, that is the consolidated entity expects its revenue growth to be around 22-23 per cent YoY in Q1 FY2025," the company said. The Beauty vertical revenue growth for the quarter is expected to be around 22-23 per cent YoY, similar to the consolidated entity's revenue growth. "GMV gr

Analysts positive on new age cos ahead of Q1 FY25 results; Zomato top bet

Analysts at Nuvama Institutional Equities are optimistic about the revenue prospects of these "new age" internet companies

India embraces 24-hour retail, nighttime consumer spending soars by 60%

Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year