Nykaa gains 7% after 1.4% equity change hands vial block deals

Nykaa block deal news: Share price of FSN E-Commerce Ventures, the operator of beauty and personal care (BPC) brand Nykaa, gained 7.46 per cent to Rs 226.10 on the BSE in Friday’s intraday trade after 1.4 per cent equity of the company changed hands via block deals.

Till 09:20 AM, around 41.23 million equity shares, representing 1.45 per cent of total equity of Nykaa, had changed hands on the BSE, exchange data shows. The names of the buyers and sellers, however, were not ascertained immediately.