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Nykaa Dips 2% After Kotak Downgrades To 'Sell', Sees 9% Downside Over Quick Commerce Threats
Kotak has trimmed its FY25-27 EBITDA estimates for the company by 3%-7%. as it anticipates lower margins in the beauty and personal care and eB2B segments.
Nykaa Shares Jump 3% After Major NRI Shareholder Likely Sells Large Stake
Nykaa Shares Muted As Q1 Results Miss Analysts' Estimates
Nykaa Dips 2% After Kotak Downgrades To 'Sell', Sees 9% Downside Over Quick Commerce Threats
Nykaa Shares Jump 3% After Major NRI Shareholder Likely Sells Large Stake
Nykaa Shares Muted As Q1 Results Miss Analysts' Estimates
Nykaa's Profit Jumps Nearly 200% To ₹9.6 Cr, But Misses Street Expectations
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The numbers fell below analysts' estimates who had expected profit to range between ₹10.6 crore to ₹17.5 crore and revenue to grow by about 28%.
Here's What To Expect From Nykaa's Q1 Earnings
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The company's profit is expected to soar by more than 400% on a year-on-year basis.