Nykaa block deal: Stock zooms 5% after TPG Capital offloads 5.42 crore shares
Nykaa Block Deal, Nykaa Share Price: The stock, after the deal was executed, made an intraday high of Rs 196.65 as it zoomed more than 6 per cent. At 10:25 AM, the counter quoted Rs 192.50 apiece.
Nykaa Block Deal, Nykaa Share Price: Shares of FSN E-Commerce Ventures, the parent company of Nykaa, opened sharply higher on Friday, November 18, gaining as much as 4 per cent to Rs 189.55 apiece on BSE after a block deal.
According to details available, TPG Capital offloaded 5,42,15,250 shares or 1.9 per cent equity shares in a block deal in the fashion and cosmetic e-commerce retailer. TPG Capital is an American investment company. The deal offered a discount of up to 0.5 per cent. Nykaa shares on Thursday closed 0.57 per cent higher at Rs 185.55 on BSE.
The stock, after the deal was executed, made an intraday high of Rs 196.65 as it zoomed more than 6 per cent. At 10:25 AM, the counter quoted Rs 192.50 apiece.
NYKAA BLOCK DEAL TODAY
Click Here For Latest Updates On Stock Market | Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.