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nykaa bulk deal: Lexdale International sells around 1% stake in FSN E-commerce for Rs 495 crore

The asset management firm sold 2,62,37,880 shares of the Nykaa brand owner at Rs 188.83 a share, bulk deals data showed. Shares of Nykaa parent ended 3% down on the National Stock Exchange at Rs 187.60.
Harindarpal Singh Banga Lexdale International On National Stock Exchange At Rs Lexdale International National Stock Exchange Nykaa Bulk Deal

new-age tech stocks: With new-age tech stocks grabbing eyeballs of bulls, here's how MFs played their bet on them

While mutual funds marginally reduced their holdings in One97 Communications and PB Fintech, money managers have overall held a positive view on both the stocks. Last month, barring Delhivery, all other stocks gave double-digit returns to investors.
Saurabh Mukherjea Sandip Sabharwal Mirae Asset Tax Saver Fund Nippon India Large Cap Fund Contra Fund Mirae Asset Emerging Bluechip Fund

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Nykaa's journey from online to offline

Growth drivers for the beauty and personal care segment include โ€œevolving consumer preferencesโ€, stronger discretionary spending by Millennials and GenZ, the potential for personalisation of premium solutions, and digitisation, including the use of VR/ AR to deliver virtual try-on experiences
Digital Startups Fsne Commerce Beauty And Personal Care E Commerce Nykaa Stock Nykaa Share Price Target

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