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Nykaa Q4 Results: FSN E-Commerce Ventures, the parent company of Nykaa, on Friday, May 30, reported a nearly three-fold jump in its Q4FY25 consolidated net profit to ₹20.28 crore against a profit of ₹6.93 crore in the corresponding quarter of the previous financial year. However, sequentially, or quarter-on-quarter (QoQ), the company’s profit declined 22.36 per…
Nykaa share price jumped over 3% after global index provider MCSI announced the stock’s inclusion in its Global Standard Index. Nykaa shares rallied as much as 3.44% to ₹204.35 apiece on the BSE. FSN E-commerce Ventures, the parent company of the fashion and beauty e-tailer Nykaa, has been added to the MSCI India Index, a…
Nykaa, Adani Energy Solutions and Coromandel International shares are likely the top contenders for inclusion in the MSCI India Standard Index during its semi-annual rebalancing in May 2025. According to brokerage firm JM Financial, the expected changes could lead to significant fund flows into certain stocks. The official announcement for MSCI index rejig is scheduled…
Brokerage JM Financial, in its preview for Q4FY25, indicated that variations in corporate performances across the internet sector are anticipated due to specific trends within each segment. Although growth in food delivery for Eternal (Zomato) and Swiggy is predicted to slow down, substantial growth in quick commerce (QC) is expected to be driven by aggressive…