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Nykaa's bonus issue: What went wrong and how the move backfired

Shares of Nykaa have shaved off nearly 20 percent in a matter of days. Remember, the shares went ex-bonus on the day the anchor lock-in ended. Many were viewing this as a brilliant move, but the stock saw a sharp sell-off once the bonus shares started getting credited to shareholders' accounts. Catch Santo and Nandita as they discuss what really went wrong.

November 17, 2022 / 12:30 IST
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first published: Nov 17, 2022 12:30 pm

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