Nykaa’s Q3 results ignite bullish sentiment, shares jump 6%

Feb 7, 2024 · Nykaa’s Q3 results ignite bullish sentiment, shares jump 6%. News. Nykaa. Published: February 7, 2024. Reading time: 1 min. Facebook. Twitter. Pinterest. ... Continue …

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Nykaa’s Q3 Results Ignite Bullish Sentiment, Shares Jump 6%

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Feb 7, 2024 · Nykaa’s Q3 results ignite bullish sentiment, shares jump 6%. News. Nykaa. Published: February 7, 2024. Reading time: 1 min. Facebook. Twitter. Pinterest. ... Continue …

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Nykaa Shares Jump 6% On Solid Q3 Earnings. Should You Buy?

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Feb 7, 2024 · ETtech. Shares of FSN E-commerce Ventures, which operates omnichannel beauty and fashion retailer Nykaa on Wednesday jumped 6% in the early trade and hit the day's high …

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Nykaa Shares Jump Nearly 6% After Q3 Results; Should You Buy The …

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Feb 7, 2024 · Nykaa share price jumps nearly 6% after Q3 results; Should you buy the stock? Nykaa reported a net profit of ₹ 16.2 crore in the quarter ended December 2023, a rise of 98% …

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Nykaa Shares Rally 6% As Net Profit Doubles In Q3; Brokerages Slash ...

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Feb 7, 2024 · Following the announcement of Q3 results, shares of FSN E-Commerce Ventures jumped 5.95 per cent to Rs 170.05 on Wednesday, commanding a total market capitalization …

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Nykaa Shares Soar Following Stellar Q3 Performance

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Feb 7, 2024 · The shares of Nykaa erased all early gains and were seen trading with cuts of more than 2% at Rs 157 per share as of 1:25 pm on the National Stock Exchange (NSE). The stock …

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Nykaa Shares Rally 6% As Company Anticipates ‘high-twenties’ …

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Apr 8, 2024 · The ecommerce startup reported that its consolidated net profit surged to INR 17.4 Cr in the December quarter (Q3) of the financial year 2023-24 (FY24), more than doubling …

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Nykaa Shares Jump 6% After Announcing Business Update; Analyst …

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Jan 9, 2024 · Shares of Nykaa (FSN E-commerce Ventures Ltd) closed in green and gained nearly 6 percent in the opening trade on NSE on January 9, reaching a new 52-week high of …

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Nykaa Q3 Results: Profit Jumps 106% YoY To Rs 17.50 Crore; GMV …

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Updated Feb 06, 2024, 5:39 PM IST. Nykaa Q3 results: Profit jumps 106% YoY to Rs 17.50 crore; GMV jumps 29%. FSN E-Commerce Ventures Ltd (Nykaa) on Tuesday said its net profit for …

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Nykaa Q3 Results: Net Profit Up 106% To ₹17.5 Crore; 5 Key ... - Mint

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Feb 6, 2024 · Business News Companies Company Results Nykaa Q3 Results: Net profit up 106% to ₹17.5 crore, revenue up 22% YoY; 5 key highlights. Nykaa Q3 Results: The …

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Nykaa Q3 Results: Profit Nearly Doubles To Rs 16 Crore; Revenue Up …

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Feb 6, 2024 · Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from …

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Nykaa Shares Jump 6% On Q3 Solid Earnings. Should You Buy?

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Feb 7, 2024 · Shares of FSN E-commerce Ventures, which operates omnichannel beauty and fashion retailer Nykaa on Wednesday jumped 6% in the early trade and hit the day's high of …

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Nykaa Q3 Results: Net Profit Falls 68% On-year To Rs 9.2 Crore As ...

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Feb 13, 2023 · The Beauty and Personal care (BPC) segment’s GMV rose 26% on-year to Rs 1901.4 crore in Q3 FY2023. Monthly Average Unique Visitors rose 22% on-year to 24.2 …

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Nykaa Q3 Results: Net Profit Falls 71% To Rs 8 Crore - The …

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Feb 13, 2023 · FSN E-Commerce Ventures, the parent company of Nykaa, reported a 71% fall in consolidated net profit to Rs 8 crore for the quarter ended December 2022. It was Rs 29 crore …

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FAQs about Nykaa’s Q3 results ignite bullish sentiment, shares jump 6% Coupon?

How did Nykaa perform in Q3?

Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from operations also rose by 22% YoY to Rs 1,789 crore. The EBITDA margin expanded to 5.5%, showing a 26% YoY growth. Nykaa's gross merchandise value (GMV) increased by 20% YoY to Rs 761 crore. ...

Why did Nykaa's share prices surge 6%?

Nykaa, the leading beauty and fashion retailer, witnessed a remarkable surge in its share prices, surging nearly 6% during early trade on Wednesday. This boost comes on the back of the company's robust Q3 results, which revealed a substantial spike in net profit, nearly doubling its figures from the previous year. ...

How did Nykaa's q3fy24 business update affect the stock price?

Nykaa ’s business update for Q3FY24 led to a sharp upswing (up 6.11 per cent) in the stock price on Tuesday. While the festive season consumption has been generally considered disappointing, Nykaa saw growth across its three business verticals. ...

Should you buy Nykaa shares on solid Q3 earnings?

Nykaa shares jump 6% on solid Q3 earnings. Should you buy? Jefferies, Nuvama and JM Financial have reiterated their buy views on the Nykaa shares while Kotak Institutional Equities has suggested an 'Add' rating. Meanwhile, Japanese brokerage Nomura has maintained a neutral stance on the counter. ...

Why did Nykaa shares rally 6% during Wednesday's session?

Nykaa shares rally 6% during Wednesday's session. The company reported about double PAT in Q3FY24. Brokerages remain mixed; revise target prices lower. Shares of FSN E-Commerce Ventures Ltd ( Nykaa) surged about 6 per cent during the trading session on Wednesday after the company announced a strong set of numbers in the December 2023 quarter. ...

Should Jefferies buy Nykaa (Nykaa) stock?

Jefferies has maintained a buy view on Nykaa estimating a 30% upside in the stock and has put a price target of Rs 210. In its post-earnings stock review, Jefferies said that the company's Q3 growth was at the cost of margin in the BPC (beauty & personal care) segment. The 3Q EBITDA missed forecasts as weak demand weighed across line items. ...