Data shows that the volume of the sneaker segment in India is projected to reach 66 million pairs by 2028.

Paytm bucked the trend of reducing ESOP costs during the first half of this financial year.

Nykaa stock has risen around 12 percent so far in 2023, slighltly outperforming benchmark Nifty 50 which has risen around 8 percent during this time.

Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints. The stock traded above all key moving averages.

The FSN E-Commerce Ventures stock has given a return of 14.30 percent over the last six months. The benchmark NSE Nifty 50 index has given a return of 6.28 percent over the same duration.

The Mumbai-based company had recorded a net profit of Rs 5.4 crore and revenues of Rs 1,422 crore in Q1FY24.

Net Sales are expected to increase by 23 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 1,513.9 crore, according to ICICI Securities.

In a freewheeling conversation with Moneycontrol, Balaji spoke about his strategy, observations, learnings and how his investment philosophy has evolved over time

A notable shift in the festive season, beginning in October this year compared to September in the previous year, is likely to impact Q2 FY24's growth to some extent.

The e-commerce company said it saw a strong September quarter across all verticals, including Nykaa Fashion, against a backdrop of subdued discretionary consumption in the industry due to a delayed festive season.

HDFC Securities recommended reduce rating on Fsn E-commerce Ventures with a target price of Rs 130 in its research report dated September 30, 2023.

#NYKAA There you go, NYKAA begins its journey for 156 level, Already reached near first Target of 146 and good to go higher. https://front.p

#NYKAA BUY : 135.00 - 131.50TARGET : 146.00 - 155.00 - 167.00STOP : 125.75RISK : 1%Duration : First Target short term : 2-3 Weeks. rest for

They would be replaced by Punjab National Bank, Shriram Finance, Trent, TVS Motor and Zydus Lifesciences, per a release issued by the stock exchange.

HDFC Securities recommended reduce rating on Fsn E-commerce Ventures (Nykaa) with a target price of Rs 130 in its research report dated August 11, 2023.

Bank Nifty is relatively weak not only against Nifty but against the broader Nifty500 Index as well.

Bank Nifty is relatively weak not only against Nifty but against the broader Nifty500 Index as well.

Brokerage firm Kotak Institutional Equities have downgraded the stock to add from buy and cut its target price to Rs 165 from Rs 210 a share earlier.

Nykaa's results come at a time when it has been hit by a slew of top-level exits. Since April, six senior executives, including company's chief marketing officer, Shalini Raghavan, among others, have quit the company

Macquarie has an ‘underperform’ rating on Nykaa's stock whereas Morgan Stanley has an ‘overweight’ recommendation.

Nykaa expects discretionary spending to recover as seasonal demand picks up.

Morgan Stanley India favors PB Fintech, FSN E-Commerce, and Zomato as top internet picks for the second half of FY24, anticipating a surge in sales growth and improved profitability.