FSN E-Commerce Ventures jumps on recording 75% growth in GMV on Day 1 of Pink Friday sale
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FSN E-Commerce Ventures is currently trading at Rs. 178.30, up by 2.30 points or 1.31% from its previous closing of Rs. 176.00 on the BSE.
The scrip opened at Rs. 176.15 and has touched a high and low of Rs. 180.65 and Rs. 173.35 respectively. So far 283630 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 429.86 on 26-Nov-2021 and a 52 week low of Rs. 162.91 on 28-Oct-2022.
Last one week high and low of the scrip stood at Rs. 190.55 and Rs. 168.50 respectively. The current market cap of the company is Rs. 50799.00 crore.
The promoters holding in the company stood at 52.38%, while Institutions and Non-Institutions held 9.58% and 38.05% respectively.
FSN E-Commerce Ventures (Nykaa) has recorded a 75 per cent growth in gross merchandise value (GMV) and a 12-fold jump in revenue on Day 1 of its Pink Friday sale. It recorded over 400 orders per minute on the first day of the sale which started on November 21.
The sale will be live until November 28 on its website, app and Nykaa stores. The number of visitors on Day 1 of Pink Friday grew by 37 per cent to 10 million.
FSN E-Commerce Ventures (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.
