FSN E-Commerce Ventures Ltd (NYKAA)

FSN E-Commerce Ventures Reports Strong Financials - 11 Apr, 2024

FSN E-Commerce Ventures reports strong YoY revenue growth, net profits at Rs 33 Crores TTM, and solid ROE and ROCE averages over 3 years. Recent 11% stock price increase analyzed.

FSN E-Commerce Ventures Reports Better-than-Expected Q4 Performance - 09 Apr, 2024

FSN E-Commerce Ventures reported a better-than-expected performance update for the March quarter, with sales growing at a CAGR of 43% in the last three years. Efforts to increase brand loyalty and expand online and offline businesses are expected to improve profitability in the long run. However, cost of retaining customers for beauty and personal-care products has become expensive.

Nykaa's Parent Company FSN E-commerce Ventures' Stock Surges - 08 Apr, 2024

Shares of Nykaa parent company FSN E-commerce Ventures surged up to 5% after the company painted expectations of strong growth outlook in Q4 FY24.

Prabhudas Lilladher Suggests Nykaa and NBCC as Top Buys - 07 Apr, 2024

Prabhudas Lilladher recommends buying Nykaa, citing a double bottom formation and trend reversal signal. The stock has potential to gain further with an upside target of 195 and stop loss of 158.

FSN E-Commerce Ventures Short-Term Outlook Bullish - 06 Apr, 2024

The short-term outlook for FSN E-Commerce (Nykaa) is bullish, with support at ₹150 and resistance at ₹170. A break above this resistance could lead to a target of ₹200 over the next two-three months, with further upside potential up to ₹230 if it breaches ₹205.

Nykaa Parent Company's Stock Climbs for Third Straight Session - 05 Apr, 2024

Shares of FSN E-Commerce Ventures Ltd, the parent company of Nykaa, rose 3.74% to hit a day high of Rs 170.45 in Friday's trade. Technical analysts suggest support at Rs 160 and resistance at Rs 170 with an expected trading range between Rs 165 and Rs 185 for a month. Analysts recommend buying the stock for an upside target of Rs 195 with a strict stop loss placed at Rs 158.

Nykaa Founder Confident About Future Amid Competition - 19 Mar, 2024

Nykaa's CEO, Falguni Nayar, is optimistic about the future of the beauty and personal care industry in India. She believes that D2C brands hold an advantage of being adaptive to changing trends. Nykaa aims to defend its business against competitors by offering consumers far beyond their expectations.

Nykaa Parent Company Reports Strong Q3 Results - 18 Mar, 2024

FSN E-Commerce Ventures, the parent company of Nykaa, reported strong Q3 results with a 106% YoY increase in net profit and 22% YoY growth in consolidated revenue. Nykaa also expanded its physical retail footprint with 39 new stores launched over the past four quarters.

Nykaa-KK Beauty Plans to Expand in Gulf Region - 13 Mar, 2024

Nykaa-KK Beauty, a venture involving Katrina Kaif, Nykaa, and Matrix India Entertainment, plans to expand its footprint in foreign markets, especially the Gulf region. The company has initiated operations in Dubai and is set to enter two new markets.