Page 6 - Commerce Ventures News Today

Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins d...

With an increase in MF holding by 88.3 million shares, HDFC Bank topped the list. MFs held 1.36 billion shares of the private sector lender as of January 31, 2024

Growing middle class on V-day splurges on retail platforms, dining in glitzy restaurants and cafes Read more at straitstimes.com.

Increased spending reflects rising income levels and changing cultural trends in India

FSN E-Commerce Ventures Q3 FY24 Results Live: Revenue increased by 22.28% YoY & profit increased by 97.56% YoY

Nykaas scale makes it formidable in the BPC sector, and its fashion segment is on a superior growth trajectory, said HSBC after the BPC company reported rbost Q3 numbers

On Tuesday, Nearly 160 companies will be announcing their December quarter earnings including the likes of Britannia Industries and FSN E-Commerce Ventures which operates Nykaa brand.

Mid-and small-cap stocks continue to reach unprecedented levels, with the Nifty Midcap 100 index and Nifty Small Cap 100 both hitting all-time highs. The strength in mid- and small-cap stocks is attributed to increased potential benefits from Indias rising capital expenditure.

On Wednesday, February 7th, domestic benchmarks may open with a positive gap supported by global cues. At 7:35...

Indian shares are set for a muted start on Tuesday, tracking weakness in Asian peers after strong U.S. economic data and Federal Reserves recent commentary dampened hopes of early rate cuts in...