Today the share price of online beauty and fashion e-commerce platform Nykaa which is listed under the name of FSN E-Commerce Ventures Limited has gone up by more than 4%.
The company had disclosed about one of its pending litigation with L’Oreal at the time of its IPO. The company said that the litigation with L’Oreal has been resolved.
Nykaa’s share price has gone down almost 20% in the last one month and the company’s stock has almost crashed 50% from its all-time high.
In such a situation, the news of the legal battle settlement with L’Oreal was taken positively by the investors and today the share price of the company went up.
|52 Week High||2,573.70|
|52 Week Low||1,125.00|
|Mkt Cap (Rs. Cr.)||61,819|
|Book Value Per Share||12.52|
|Net Profit 2021 (Rs. Cr.)||36|
|Debt to equity (2021)||0.04|
|Revenue 2021 (Rs. Cr.)||145|
|Dividend/Share (INR) (Mar 2021)||0.00|