Shares of FSN E-Commerce Ventures have staged a sharp comeback, rising 64% over the past year to emerge as the top performer in the internet space amid signs of an operational turnaround. However, Nykaa’s parent company’s valuations raise concerns about whether the current price offers a favorable risk-reward proposition and whether the stock has enough […]
Shares of FSN E-Commerce Ventures, parent company of Nykaa, are trading near their 52-week high of Rs 273.20, marking a robust rally of 76.4% from the low of Rs 154.90 in March 2025. The stock is now at its highest level in almost three and a half years.Nykaa’s strong recovery and sustained uptrend have taken […]
Shares of Paytm (One 97 Communications) rose 4.3% to an intraday high of Rs 1,323.10 on the BSE on Thursday, November 6, gaining strength after the stock was added to MSCI’s India Standard Index as part of the November rejig.Global brokerage Citi maintained its buy rating on Paytm with a price target of Rs 1,500 […]