Nykaa shares dip after Kotak downgrades to 'Sell', predicts 10% decline

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FSN e-commerce ventures shares decline after Kotak downgrades rating

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FSN e-commerce ventures stock targeted at ₹190, signaling a 10% downside

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Nykaa shares fall to ₹209.7 on NSE, down 1% from the previous closing

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Nykaa aims to compete with quick-commerce through expanded assortment and personalization

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Nykaa faces potential fulfillment cost increase due to faster delivery and warehousing changes

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Nykaa faces potential fulfillment cost increase due to faster delivery and warehousing changes

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