Page 2 - FSN E-Commerce Ventures Ltd News
Breakout stocks: Nykaa, DMart, Union Bank can rally up to 20%, hint charts
Union Bank of India, Avenue Supermarts (DMart), CCL Products, FSN E-Commerce Ventures and Tata Power among 9 NSE stocks with bullish MACD crossover on the daily charts.
 "Breakout stocks: Nykaa, DMart, Union Bank can rally up to 20%, hint charts")
CPPIB sells stakes in Delhivery, Nykaa; Capital Group in Mankind
Canada Pension Plan Investment Board pared its holdings on Wednesday, in FSN E-Commerce Ventures (Nykaa) and Delhivery
 "CPPIB sells stakes in Delhivery, Nykaa; Capital Group in Mankind")
Nykaa expects consolidated revenue to increase 22-23% in Apr-Jun quarter
FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25) with a matching growth momentum for beauty vertical but flagged "muted" demand environment in the fashion industry. In a BSE filing on its quarterly revenue update for the April-June quarter of FY25, the company said for the consolidated entity, the GMV (Gross Merchandise Value) growth for the quarter is seen to be in the mid-20s year-on-year. FSN E-Commerce Ventures also informed that it is commencing vertical-wise segmental reporting, beginning this quarter. "Nykaa - FSN E-Commerce Ventures Limited along with its subsidiaries, that is the consolidated entity expects its revenue growth to be around 22-23 per cent YoY in Q1 FY2025," the company said. The Beauty vertical revenue growth for the quarter is expected to be around 22-23 per cent YoY, similar to the consolidated entity's revenue growth. "GMV gr
Analysts positive on new age cos ahead of Q1 FY25 results; Zomato top bet
Analysts at Nuvama Institutional Equities are optimistic about the revenue prospects of these "new age" internet companies
 "Analysts positive on new age cos ahead of Q1 FY25 results; Zomato top bet")
