Cartrade Tech vs PB Fintech vs Nykaa: With shares of the three new age firms erasing considerable investor wealth since their debut, the outlook of these stocks looks uncertain.
Shares of Nykaa (listed as FSN E-Commerce Ventures Limited) climbed over 4 per cent today after the fashion retailer reported a 33.4 per cent rise in consolidated net profit in the June quarter. Nykaa shares gained 4.3 per cent intraday to Rs 1,473.75 on BSE. Earlier, the stock opened 3.07 per cent higher at Rs 1,473.35 against the previous close of Rs 1,412.60.
Nykaa shares gained 5.41 percent intraday to Rs 1425 on BSE today. Earlier, the stock opened lower at Rs 1337 against the previous close of Rs 1351.80.