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 […]
Nykaa parent FSN E-Commerce Ventures on Thursday reported a 142% increase in consolidated net profit in the December quarter at Rs 63 crore, compared to Rs 26 crore in the same period a year ago. The profit after tax (PAT) of the company is attributable to the owners.Nykaa operator’s revenue from operations stood at Rs […]
The December quarter earnings season continues on Thursday, with no fewer than 198 companies set to announce their third quarter results. Key results to look out for include Airtel, Tata Motors PV, LIC, Nykaa, Hero MotoCorp, and several others.What to expect from Airtel Q3 results Telecom giant Bharti Airtel is expected to report a steady […]
FSN E-Commerce, owner of Beauty & Personal Care (BPC) brand Nykaa, is expected to report a strong set of numbers in the quarter ended December, led by robust festive demand and continued momentum in the BPC segment. Broker estimates indicate that the company could grow its net profit by as much as 192% in Q3FY26, […]
Shares of Trent fell further after the update, falling more than 8%, as investors continued to price in slower growth and increasing competitive pressure in the budget fashion segment. According to Karan Taurani, EVP at Elara Securities, the sharp correction reflects a valuation downgrade rather than just an earnings revision.Speaking to ET Now, Taurani said […]
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 […]