InvestorQ : Why did the shares of Nykaa fall so sharply in the last few days?
Rashi Mehra made post

Why did the shares of Nykaa fall so sharply in the last few days?

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Archita Jajjoo answered.
3 months ago
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Shares of FSN e-Commerce Ventures (Nykaa) again came under pressure falling 9% to touch a new low of Rs.1,371. Trading volumes at 2.8 million have nearly doubled. In the last one month, the stock has fallen 34% and it currently trades almost 48% below its post listing high price of Rs.2,574. There was some pressure on numbers. For period to Dec-21, Nykaa reported 23% lower PAT even as the EBITDA margins fell by a good 213 bps to 4.5%. The redeeming features was revenues up 65% at Rs.2,801 crore.

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