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Hold FSN E-Commerce Ventures: target of Rs 175: ICICI Securities

ICICI Securities recommended hold rating on FSN E-Commerce Ventures with a target price of Rs 175 in its research report dated May 23, 2024.

Stock Radar: Power Grid, Nykaa, Gland Pharma, Go Digit, Granules India in focus on Thursday

ITC, InterGlobe Aviation, Honasa Consumer, Bayer Cropscience, Cello World, CESC, Concord Biotech, Finolex Cables, Page Industries, Tata Investment Corporation, and Zaggle Prepaid Ocean Services will release March quarter earnings on May 23.

Nykaa shares surge 5% on hopes of Q4 revenue growth in 'high-twenties'

Nykaa expects its Q4 revenue growth to be in &quot;high twenties&quot; while projecting the spike in its Gross Merchandise Value to come somewhere in &quot;early thirties.&quot;

From Aamir Khan to Katrina Kaif to Sachin Tendulkar: Top celebs make a killing in India's IPO boom

Alia Bhatt, Shilpa Shetty, Ajay Devgn also made terrific money from the equity markets during the bull run after Covid lows in March 2020

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

Bulk deals: Lexdale sells Rs 495.44 cr stake in Nykaa, Nippon MF buys 1% stake in Gillette India

Nippon bought 3.3 lakh shares or 1.01 percent stake in Gillette India at an average price of Rs 6,755

FSN E-commerce block deal: 2.7 crore shares change hands; Lexdale likely seller

According to a report from CNBC Awaaz, asset management firm Lexdale International was looking to offload 2.62 crore shares of the Nykaa parent through block deals.

Nykaa: Lexdale likely to sell Rs 490 crore worth of shares in bulk deal

Earlier in the month, FSN E-commerce, parent company of Nykaa, said it saw consistent growth across its three business verticals in the December quarter even as some impact on discretionary consumption was seen due to short-term pressures.

Trade Spotlight | How to deal in JSW Energy, Nykaa, Godrej Properties today

Nykaa has seen a strong breakout after several weeks of consolidation. The stock has seen a formation of long bullish candlestick pattern on the daily charts with healthy volumes.

Nykaa gains 3.5% on Q3 business updates, HSBC raises target price

According to HSBC, The company is well position to capture long-term value in BPC with its scale and leadership.

FSN E-Commerce Ventures Ltd. is a digital technology platform company, which engages in the provision of content-led and lifestyle retail experience to consumers. It also has beauty, personal care, and fashion products portfolio. It also manufactures its own brand products. The company was founded by Falguni Sanjay Nayar and Adwaita Sanjay Nayar in 2012 and is headquartered in Mumbai, India.

Volume	4.35M
52-Wk High	195.50
52-Wk Low	130.10

NYKAA.NSE FSN E-Commerce Ventures Ltd.

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