Nykaa’s parent company, FSN E-Commerce Ventures, experienced a nearly 5% share price drop despite reporting a significant 193% surge in net profit for the March quarter. While the core beauty segment remains robust, concerns linger regarding slow fashion growth and margin pressures. Brokerages hold divided opinions due to high valuations and increasing competition, with some assigning ‘underperform’ or ‘sell’ ratings.
Waaree Energies shares crash 9% despite 75% increase in Q4 net profit, upbeat FY27 guidance
Waaree Energies shares tanked as much as 9% even after a robust March quarter and full-year performance. The company reported significant revenue and profit growth.