<ul data-eligibleForWebStory="false"><li>Shares of Nykaa dropped 5% to INR 201 due to a block deal worth over INR 1,210 Cr.</li><li>Founder Harindarpal Singh Banga aimed to dilute 2% to 2.5% stake in Nykaa through a $150 Mn block deal.</li><li>Nykaa's stock was down 4.2% at INR 203 on the BSE, with a market cap of INR 58,051 Cr.</li><li>The company's Q4 FY25 profit surged 110% YoY to INR 19.1 Cr, with the beauty vertical revenue growing 25% YoY.</li></ul>

Nykaa Shares Slump 5% After Likely Block Deal Worth INR 1,210 Cr

Discover more