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|
Read Also: InterGlobe Aviation shares fall 4% after IndiGo co-founder Rakesh Gangwal resigns from board
Read Also: Airtel added 4.75 lakh mobile users, Vi 1.61 mn and Jio 12.9 mn lose subscribers: Trai Data
|Net Profit 2021 (Rs. Cr.)||36|
|Debt to equity (2021)||0.04|
|Revenue 2021 (Rs. Cr.)||145|
|Dividend/Share (INR) (Mar 2021)||0.00|
Read Also: Tata Motors stock up 3%, Partnership in Jaguar and Nvidia to deliver automated driving systems
Read Also: Schaeffler India Q4 FY22 results: Net profit at Rs 190.64 cr, net sales rise 19.58%, dividend of Rs 16 per share
Read Also: CRISIL stock up 8%, Net profit at Rs 168.63 cr and profit after tax at Rs 465.8 in Q3 FY22 | CRISIL Q3 FY 22 results
Read Also: Coffee Day Enterprises stock up 10%, Net profit at Rs 18.8 cr and revenue from operation at Rs 183.49 cr: Q3 FY22 Results