Year Of Reckoning For New-Age IPOs
As investors start looking closely at company bottom lines, the long list of start-up IPOs will have a tough time convincing investors.
As investors start looking closely at company bottom lines, the long list of start-up IPOs will have a tough time convincing investors.
Emerging from a period of stagnation spanning the past 12-16 months, nearly 40 new-age companies are preparing to go public or become IPO-ready by FY25.
Lock-in expiries could turn out to be the litmus test for stocks’ resilience.
A host of companies are creating ripples across industries, giving established firms tough competition, as consumers and investors warm up to them alike.
The share price of Nykaa’s parent, FSN E-Commerce Ventures, gained 4.9% intraday to hit a high of ₹154.65 on the BSE, driven by strong Q2 numbers.
Falguni Nayar says that the company was able to disrupt and democratise both demand and supply for the industry.
PNB, Trent, TVS Motor, Shriram Finance, and Zydus Lifesciences will replace these five stocks in the Nifty Next 50 index, effective from September 29, 2023.
The consolidated net profit attributable to equity shareholders of parent fell 27% to ₹3.3 crore as compared to ₹4.55 crore in the same period a year ago.
The margins in beauty are north of 45%-50%, thus making it an attractive business for retailers
The profit before tax and revenue from operations of the fashion e-retailer rose 48% and 34% YoY, respectively.