Nykaa stock hits all-time low; market cap falls below ₹50,000 cr
Market capitalisation of Nykaa falls below ₹50,000 crore.
Market capitalisation of Nykaa falls below ₹50,000 crore.
Net profit of Nykaa parent, FSN E-Commerce Ventures, plunged 58% year-on-year to ₹29 crore in the third quarter.
Its dazzling debut in the stock market has taken corporate India by storm. Will beauty and fashion unicorn Nykaa be able to sustain its fairy tale success story?
FSN E-Commerce breaks into top 100 mcap club with a valuation of $14 billion.