SEBI proposes reviewing the pre-open call auction session for IPOs and relisted stocks. This aims to fix existing rules, specifically dummy price bands and base price calculations, which artificially suppress prices. The regulator seeks public feedback to enhance effective price discovery and reduce market distortions.
Nykaa Q4 PAT surges 286% YoY to Rs 78 crore, revenue rises 28%
FSN E-Commerce Ventures, Nykaa’s parent company, reported a significant 286% year-on-year surge in net profit to Rs 78 crore for the March-ended quarter of FY2026.