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NYKAA BLOCK DEAL
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
Early investors to offload partial stake in Nykaa via Rs 1,200 crore block dealEarly investors of Nykaa, Harindarpal Singh Banga and Indra Banga, plan to sell shares. The sale could reach Rs 1,200 crore through a block...
Nykaa block deal; VC funding reportOne of Nykaa’s early investors is offloading a part of his stake through a $150-million block deal. This and more in today's ETtech Top 5.
Nykaa shares rise 4% after 1.4% stake sale via block dealShares of FSN E-Commerce Ventures, Nykaa's parent company, rose 4% after Harindarpal Singh Banga and Indra Banga sold a 1.4% stake. The sal...
Harindarpal Singh Banga to sell 1.4% stake in Nykaa for Rs 809 croreAs outlined in the bankers' term sheet, the Bangas intend to sell 4.09 crore shares at a floor price of Rs 198 per share, representing a 5....
Block deals: Canada Pension Plan sells 0.5% in Nykaa for Rs 256 cr; Hema CIPEF offloads 0.46% in Mankind PharmaThrough the stake sale, Canada Pension Plan took home about Rs 256 crore. At the end of March quarter, it held 1.47% equity in the company....
Nykaa shares jump over 4%. Here's whyIn Q1 FY24, Nykaa reported an 8% year-on-year (YoY) growth in its consolidated net profit at Rs 5.4 crore. Net profit was Rs 5 crore in the...
Nykaa shares climb over 4% amid block dealAs per the shareholding data available with the exchanges, a 52.28% stake in the firm is held by the promoter and promoter group, while the...
Nykaa shares fall over 2% on reports of block dealShares of Nykaa saw a decline of over 2% in intraday trading due to likely block deals. The stock has recorded a muted performance this yea...
Foreign investors cash out via block deals worth Rs 35K cr in last 6 months.In the last six months foreign investors have rushed to book profits via secondary share sales.
Nykaa shares crack 4% on block deal buzzThe consensus recommendation from 15 analysts for the bank is a buy. Out of the 17 analysts covering the stock, 13 have strong buy and buy ...
Nykaa declines over 3% after CFO resignsNykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role on November 25, adding that he wo...
Nykaa CFO Arvind Agarwal resigns"This is to inform you Mr Arvind Agarwal, Chief Financial Officer of FSN E-Commerce Ventures Limited (“the Company”) will be leaving the Co...
Nykaa shares fall over 4% for the second day. Here's whyHowever, brokerages have remained bullish on Nykaa with 11 out of 16 analysts covering the stock recommending it a buy. The average price t...
Lighthouse to sell Rs 335 crore worth of Nykaa sharesAfter the lock-in expiry earlier in the month, a number of pre-IPO investors have been liquidating the securities held by them. NRI
Nykaa shares rally 6% on fresh block deal; TPG likely sellerAmerican private equity firm TPG Capital is likely to have sold shares in two block trades at Rs 184.55 per share, according to reports. In...
TPG Capital to offload Rs 1,000cr worth Nykaa shares tomorrow: ReportsCitigroup is the banker to the deal, and TPG Capital is likely to sell the shares at Rs 184.55, a 0.6% discount to Thursday’s close price o...
Paytm, Nykaa shares tank up to 10% on block dealsBofA Securities is the banker for the deal, and the price range for the sale was set at Rs 555-601. The lower end of the price band is at a...
Nykaa shares crash over 7% on ex-bonus date, block dealsBrokerages have, however, remained bullish on the stock. Out of the 17 analysts with coverage on Nykaa, 10 have strong buy ratings, two hav...