Nykaa Archives - StockEasyNow

Nykaa shares jump 6% on Q3 profit doubling; brokerages cut target prices.

9planetswebsFebruary 7, 202406 mins

Nykaa shares: The December 2023 quarter saw an almost twofold increase in Nykaa’s net profit. For the quarter that concluded in October and ended in December of 2023, it recorded a consolidated net profit of Rs 16.2 crore. In short FSN E-Commerce Ventures Ltd.’s (Nykaa) stock increased by almost 6% on Wednesday during trade after…

IREDA, Cello, and Mamaearth may be added to the MSCI index, but Nykaa and Mankind must rally further.

9planetswebsJanuary 7, 2024January 6, 202404 mins

IREDA: Inclusion or increase in stock weightage in global indices such as MSCI and FTSE results in inflows from index-tracking passive funds. Exclusion from these indices typically results in outflows. As a result, the announcements are widely followed. According to Nuvama Alternative & Quantitative Research, recently listed IREDA, Cello World, Honasa Consumer Products, and Signature…