Business
Nykaa Stock Plunges in Trading Today
The stock price of Nykaa witnessed a sharp decline in today’s trading session. The BSE-listed company had an opening price of ₹162.45 and closed at ₹161.45. Throughout the day, it reached a high of ₹164.1 and a low of ₹158.85.
With a market capitalization of ₹45,836.38 crore, Nykaa has been an important player in the e-commerce sector. Its stock had a 52-week high of ₹195.4 and a 52-week low of ₹114.3, indicating considerable volatility in its price movements.
FSN E-Commerce Ventures, MSTC, Spencer’s Retail, Intrasoft Technologies, and Istreet Network are some of the notable competitors in the market.
The daily trading volume for Nykaa on the BSE stood at 442,971 shares, reflecting the significant investor interest in the company.