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Nykaa’s parent company, FSN E-Commerce Ventures, saw a remarkable 243% surge in net profit for Q2FY26, reaching Rs 34 crore. Revenue climbed 25% to Rs 2,346 crore, with gross margins hitting a 12-quarter high. EBITDA also saw a significant 53% jump, marking a post-IPO record. Analysts remain optimistic, maintaining ‘Buy’ ratings.
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Lenskart Solutions is set for a modest stock market debut on Monday. Analysts suggest investors who received allotments can book profits upon listing. The grey market premium has declined significantly. Experts recommend exiting the stock even with small gains. The IPO saw strong subscription across investor categories, particularly from qualified institutional buyers.
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InCred Holdings, the parent company of InCred Finance, has submitted a confidential draft to the Securities & Exchange Board of India for an initial public offering. The company plans to raise between ₹3,000 to ₹4,000 crore through this IPO. InCred Finance has a significant track record, having disbursed over ₹25,000 crore in loans.
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