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Nykaa Shares Slip Below IPO Issue Price. Should You Buy The Dip?

Nykaa Shares Slip Below IPO Issue Price. Should You Buy The Dip?

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Oct 26, 2022,
  • Updated Oct 26, 2022, 3:33 PM IST

Having eroded over 56% of shareholder wealth from its 52-week high, shares of new-age beauty and fashion retailer Nykaa fell nearly 3% on Tuesday to drop below its initial public offering price of Rs 1,125. Tune in to watch Sakshi Batra Sakshi Batra in conversation with Kranthi Bathini, Director Research, WealthMills Securities on what should investors do now?

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