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    NYKAA   INE388Y01029

FSN E-COMMERCE VENTURES LIMITED

(NYKAA)
  Report
Delayed NSE India Stock Exchange  -  06:25 2022-12-06 am EST
173.80 INR   -1.14%
11/22Lighthouse India Sells Stake in FSN E-Commerce Via Open Market Transaction
MT
11/22FSN E-Commerce Ventures CFO Steps Down
MT
11/22FSN E-Commerce Ventures Limited Announces Resignation of Arvind Agarwal, Chief Financial Officer Effective on November 25, 2022
CI
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Indian shares inch lower ahead of RBI policy outcome

09/30/2022 | 12:04am EST
FILE PHOTO: Bombay Stock Exchange (BSE) in Mumbai

BENGALURU (Reuters) - Indian shares edged lower on Friday, dragged by losses in information technology and autos, ahead of an expected rate hike decision by the country's central bank to fight inflation.

The NSE Nifty 50 index was down 0.3% at 16,776, as of 0347 GMT, and the S&P BSE Sensex fell 0.4% to 56,183.93.

The Nifty IT index was down 1%, while the auto index dropped 0.8%.

The Reserve Bank of India (RBI) is set to raise interest rates on Friday, with a slim majority of economists expecting a 50 basis point hike and some others expecting a smaller 35 basis point rise, a Reuters poll showed.

The central bank's monetary policy committee (MPC) has already hiked the key policy rate by 140 bps since May to 5.4% to cool off domestic retail inflation that has stayed above the RBI's upper tolerance limit of 6% since January.

India's benchmark indexes have fallen about 3% as of last close, since the RBI's decision in early August to raise the repo rate by 50 basis points.

"Falling commodity prices offer some relief, but we think tighter global financial conditions and high inflation will lead the MPC to stick to its front-loaded tightening cycle," economists at Barclays wrote in a pre-monetary policy note.

Investors also wait to hear from the RBI on how it plans to tackle the depreciating rupee after having spent massive amount of forex reserves to arrest the currency's fall against the strong U.S. dollar.

(Reporting by Rama Venkat and Nallur Sethuraman in Bengaluru;Editing by Dhanya Ann Thoppil)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BANK OF INDIA LIMITED 4.64% 90.25 End-of-day quote.75.75%
BARCLAYS PLC 1.59% 158.76 Delayed Quote.-16.43%
FSN E-COMMERCE VENTURES LIMITED -1.14% 173.8 Delayed Quote.-49.81%
NIFTY 50 -0.31% 18642.75 Delayed Quote.7.76%
NIFTY 500 -0.28% 15922.85 Delayed Quote.6.48%
NIFTY IT -0.52% 30443 Delayed Quote.-20.18%
SENSEX BSE30 -0.33% 62626.36 Real-time Quote.7.86%
All news about FSN E-COMMERCE VENTURES LIMITED
11/22Lighthouse India Sells Stake in FSN E-Commerce Via Open Market Transaction
MT
11/22FSN E-Commerce Ventures CFO Steps Down
MT
11/22FSN E-Commerce Ventures Limited Announces Resignation of Arvind Agarwal, Chief Financia..
CI
11/21Lighthouse India to Divest FSN E-Commerce Stake Worth $39 Million
MT
11/18TPG Capital Sells Stake Worth $123 Million in FSN E-Commerce Ventures
MT
11/16Lighthouse India Sells Shares Worth $65 Million FSN E-Commerce; Shares Slip 4%
MT
11/16Reliance Retail, Nykaa, Aditya Birla Fashion and Trent Reportedly Eye Promoter Stake in..
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11/15India's Tata to open 20 'beauty tech' outlets, in talks with foreign brands
RE
11/08Certain Equity Shares of FSN E-Commerce Ventures Limited are subject to a Lock-Up Agree..
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11/03FSN E-Commerce Ventures Gets Shareholder Approval for Issuance of Bonus Shares
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Analyst Recommendations on FSN E-COMMERCE VENTURES LIMITED
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Financials
Sales 2023 52 500 M 637 M 637 M
Net income 2023 797 M 9,67 M 9,67 M
Net cash 2023 2 456 M 29,8 M 29,8 M
P/E ratio 2023 601x
Yield 2023 -
Capitalization 495 B 6 004 M 6 004 M
EV / Sales 2023 9,38x
EV / Sales 2024 6,96x
Nbr of Employees 2 764
Free-Float 26,5%
Chart FSN E-COMMERCE VENTURES LIMITED
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FSN E-Commerce Ventures Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends FSN E-COMMERCE VENTURES LIMITED
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TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 173,80 INR
Average target price 264,37 INR
Spread / Average Target 52,1%
EPS Revisions
Managers and Directors
Falguni Sanjay Nayar Executive Chairman, Chief Executive Officer & MD
Rajesh Uppalapati Chief Technology Officer
Rajendra Punde Secretary, Head-Legal & Compliance Officer
Alpana Parida Shah Independent Non-Executive Director
Anita Krishnan Ramachandran Independent Non-Executive Director
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1st jan.Capi. (M$)
FSN E-COMMERCE VENTURES LIMITED-49.81%6 122
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