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    NYKAA   INE388Y01029

FSN E-COMMERCE VENTURES LIMITED

(NYKAA)
  Report
Delayed NSE India Stock Exchange  -  07:27 2022-09-30 am EDT
1272.10 INR   -0.99%
09/30INDIA STOCKS-Indian shares rise as banks, energy surge on RBI rate hike
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09/30Indian shares inch lower ahead of RBI policy outcome
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09/29INDIA STOCKS-Indian shares seen opening lower ahead of RBI policy outcome
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Indian shares rise on cooling oil prices, gains in auto

08/08/2022 | 01:53am EDT

BENGALURU, Aug 8 (Reuters) - Indian shares recovered from early losses on Monday, as a fall in oil prices and strengthening automobile stocks boosted investor sentiment.

The NSE Nifty 50 index rose 0.36% at 17,460.85, as of 0513 GMT, and the S&P BSE Sensex climbed 0.44% to 58,645.12. The benchmark indexes on Friday had logged their third straight weekly gain, advancing 1.4% each.

"The price of crude staying below 95 and foreign investors buying Indian shares last week are mainly the two factors that are keeping us positive," said Neeraj Dewan, director at Quantum Securities.

Foreign investors have poured $1.79 billion into Indian equities so far this month, according to Refinitiv data.

Meanwhile, oil prices hovered near multi-month lows on Monday, as data pointed to a slow recovery in China's crude imports in July.

India, the world's third largest importer of oil, benefits from fall in crude prices as it brings down imported inflation.

In Mumbai trading, Nifty's auto index advanced more than 0.6%. Automaker Mahindra and Mahindra was the top performer on the Nifty 50, gaining as much as 2.6%.

Among individual stock moves, State Bank of India fell as much as 3.2% and was the top drag on Nifty 50 index. The bank, on Saturday, missed estimates with a 6.7% fall in first-quarter profit hit by investment losses.

FSN E-Commerce Ventures, parent of cosmetics-to-fashion retailer Nykaa, rose as much as 4.4% after it reported a rise in quarterly profit.

Indian markets will be closed on Tuesday for a holiday.

Investors are awaiting data from U.S. on consumer prices due on Wednesday which will offer more clues on the pace of rate hikes by the Federal Reserve.

A solid U.S. payrolls data, last week, pushed back against talks of recession in the world's largest economy, but also bolstered the case for more super-sized rate hikes.

(Reporting by Rama Venkat in Bengaluru;editing by Neha Arora and Dhanya Ann Thoppil)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
FSN CO., LTD. 1.39% 3290 End-of-day quote.-76.16%
FSN E-COMMERCE VENTURES LIMITED -0.99% 1272.1 Delayed Quote.-39.47%
LONDON BRENT OIL -3.84% 85.29 Delayed Quote.14.15%
MAHINDRA AND MAHINDRA LTD 0.78% 1268.2 Delayed Quote.51.49%
NIFTY 50 1.64% 17094.35 Delayed Quote.-3.09%
SENSEX BSE30 1.80% 57426.92 Real-time Quote.-1.42%
STATE BK OF INDIA 1.70% 530.6 Delayed Quote.15.24%
WTI -2.49% 79.673 Delayed Quote.8.35%
All news about FSN E-COMMERCE VENTURES LIMITED
09/30INDIA STOCKS-Indian shares rise as banks, energy surge on RBI rate hike
RE
09/30Indian shares inch lower ahead of RBI policy outcome
RE
09/29INDIA STOCKS-Indian shares seen opening lower ahead of RBI policy outcome
RE
09/29INDIA STOCKS-Metals, energy lift Indian shares higher; cenbank actions eyed
RE
09/29Indian shares rise on metals, auto boost
RE
09/28FSN E-Commerce Plans Bonus Share Issue; Board to Decide on Oct. 3
MT
09/28INDIA STOCKS-Indian shares seen opening higher as global stocks attempt come back
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09/27FSN E-Commerce Ties Up with IIMA for Consumer Technology Research
MT
09/11FSN E-Commerce Acquires Lifestyle and Food Web Portal Operator
MT
09/10FSN E-Commerce Ventures Limited completed the acquisition of Iluminar Media Private Lim..
CI
More news
Financials
Sales 2023 53 676 M 660 M 660 M
Net income 2023 1 224 M 15,0 M 15,0 M
Net cash 2023 1 978 M 24,3 M 24,3 M
P/E ratio 2023 499x
Yield 2023 0,01%
Capitalization 604 B 7 419 M 7 419 M
EV / Sales 2023 11,2x
EV / Sales 2024 8,08x
Nbr of Employees 2 764
Free-Float 25,5%
Chart FSN E-COMMERCE VENTURES LIMITED
Duration : Period :
FSN E-Commerce Ventures Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FSN E-COMMERCE VENTURES LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 1 272,10 INR
Average target price 1 700,88 INR
Spread / Average Target 33,7%
EPS Revisions
Managers and Directors
Falguni Sanjay Nayar Executive Chairman, Chief Executive Officer & MD
Arvind Agarwal Chief Financial 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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