FSN E-Commerce Ventures Nykaa Limited is a Large-cap company with a market cap of 46,655.62 crores and the company operates in the consumer discretionary sector. Nykaa offers a wide variety of products from over 2400 brands across personal care, cosmetics, skin care, haircare, bath and body, fragrances, beauty equipment, and health and wellness categories. The Board of Directors of the Company has revised the record date for 5:1 Bonus Shares from November 03, 2022 to November 11, 2022.
“We refer to our letter dated October 03, 2022 regarding issue of Bonus Equity Shares of the Company in the ratio of 5 (five) fully paid-up equity shares,” the Company said in a stock exchange filing today. . 1/- for every 1 (one) fully paid-up equity share of Rs. 1/- each, subject to the approval of the shareholders through postal ballot and informed that in accordance with Regulation 42 of the SEBI Listing Regulations, the Board of the Company has fixed Friday, November 11, 2022 as the ‘Record Date’ Is. Determination of eligible members for bonus equity shares.
The company’s shares were listed on BSE and NSE stock exchanges in November last year. In Friday’s session, Nykaa shares hit a 52-week low and closed at 994.80 below its Initial Public Offering (IPO) price 1,125 per. A total of 4,007,438 shares were seen in the stock today, compared to the 20-day average volume of 770,676 shares. The stock has fallen 54.90% in the last 1 year and on a YTD basis, the stock has fallen 52.32% so far in 2022. In the last 6 months, the stock has fallen 41.28% as compared to the gain of the benchmark Nifty 50. 4.00%.
In the last 1 month, the stock has fallen 22.57 per cent against a gain of 5.76% against the rise of Nifty 50. The stock touched an all-time high of 2,573.70 (26-Nov-2021), indicating that the stock was seen trading 61.34% below the high after moving to today’s low. For the quarter ended September or Q2FY23, the company reported promoter stake of 52.38% as compared to 52.41% in Q1FY23, FII’s holding of 6.57% as compared to 6.54% in Q1, DII’s holding as compared to 2.95% in Q1 Holding and public stake of 3.01% at 38.03% as against 38.10% reported in Q1FY23.
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