Naykaa Share Price: This stock jumped 5 percent in a diving market, this is the reason Indian stock market registered a huge decline on Monday (January 6). There was an atmosphere of panic in the stock market due to the threat of a new MMPV virus like Corona, increasing apprehension about quarterly results and weak global signals. At the end of trading, the Sensex fell 1,258.12 points or 1.59 percent to close at 77,964.99 points and the Nifty fell 388.70 points or 1.62 percent to close at 23,616.05. Due to this big decline in the market, the wealth of investors decreased by about Rs 10.83 lakh crore during the day.

NYKAA (FSN E-Commerce Ventures Nykaa Ltd.) saw a good rise even in the market decline. During trading, the company's shares saw a rise of more than 5 percent. The reason behind this rise is believed to be the business update. However, at the end of trading, Nykaa's shares closed at Rs 171.60 with a rise of 2.30 percent on the Bombay Stock Exchange.

Nykaa Q3 Update
Nykaa has said that the company's net revenue is likely to remain more than 20% in the third quarter. Improvement is possible in the beauty segment on a quarterly basis. GMV growth in beauty is expected to be around 30 percent. Income growth in the beauty segment is likely to be more than 20 percent. Income in the fashion segment is expected to be close to 20 percent. Sluggish demand in online fashion is likely to persist.

Nykaa's market cap is Rs 49,060
Nykaa's stock's 52-week high on BSE is Rs 229.90 while its 52-week low is Rs 139.95. The company's market cap is Rs 49,060 crore.

Nykaa Share Price History
If we look at the performance of Nykaa shares, there has been a rise of 6.02 percent in the last one week. It has given a return of 3.12 percent in the last one month. There has been a decline of 10.72 percent in the last 3 months. It has given a return of 4.89 so far this year. It has weakened by 1.04 percent in the last one year. These shares have given a negative return of 48.59 percent in 3 years.