Is Nykaa trying to prop up its share price?

Shifting of its bonus issue record date to coincide with the release of locked-in shares raises questions.

10 November, 20223 min
0
Is Nykaa trying to prop up its share price?

You may also like

Business
Story image

Can Meesho’s value-commerce playbook pass the IPO test?

The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.

Internet
Story image

Nykaa and Mamaearth’s oddball performance

Both beauty and personal care companies just delivered their June-quarter results. Their numbers hide more than they reveal.

Internet
Story image

Lenskart may be the redemption Indian new-age businesses need

The 17-year-old eyewear company is finally approaching the public markets. Its stellar numbers and international footprint set it apart.