What's Cooking here - NYKAA!
I can't interpret fundamentally what's going on with Nykaa. But the technicals are signaling the strong turn-around story.
Also the trend of DIIs or MFs increasing the stake in
NYKAA and the price is still under consolidation boosts the confidence of ENTRY.
From Dec 2022 to Till date DIIs are constantly buying the NYKAA around the current price range.
---------- Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022
Promoter 52.2% | 52.2% | 52.3% | 52.3% | 52.3% | 52.3%
FII 10.3% | 10.7% | 9.8% | 10.0% | 12.3% | 11.1%
DII 17.2% | 15.3% | 14.3% | 11.6% | 7.9% | 6.4%
Also the trend of DIIs or MFs increasing the stake in
NYKAA and the price is still under consolidation boosts the confidence of ENTRY.From Dec 2022 to Till date DIIs are constantly buying the NYKAA around the current price range.
---------- Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022
Promoter 52.2% | 52.2% | 52.3% | 52.3% | 52.3% | 52.3%
FII 10.3% | 10.7% | 9.8% | 10.0% | 12.3% | 11.1%
DII 17.2% | 15.3% | 14.3% | 11.6% | 7.9% | 6.4%
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