Nykaa Q3 results: Net profit more than doubles to Rs 17.5 crore, revenue up 22%
The beauty and personal care company had reported a net profit of Rs 8.5 crore in the year-ago period
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The beauty and personal care company had reported a net profit of Rs 8.5 crore in the year-ago period
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.
Foot Locker's partnership with Nykaa and Metro Brands is with a view to transform the sneaker segment in India and address the evolving needs of next-gen customers, a media release issued on Wednesday, said.
HDFC Securities recommended reduce rating on Fsn E-commerce Ventures with a target price of Rs 130 in its research report dated September 30, 2023.
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.