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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026