Should you buy Nykaa stocks today?
and where to park at Mahakumbh
Hey there!
It’s Tuesday, which means we’re officially deep enough into the week to start pretending we have our lives together.
Today’s headline question: Should you buy Nykaa stocks today? The beauty giant is glowing with a 61.43% profit jump, but is it worth your investment? We’ve got the scoop.
Now, let’s get into today’s stories…
📌 Top Headlines of the Day
Nykaa shares gain 3%The share opened at ₹171.85 and hit a high of ₹174.60 on the BSE.
FSN E-Commerce Ventures, Nykaa's parent company, reported a 61.43% YoY increase in net profit to ₹26.12 crore and a 26.74% rise in revenue to ₹2,267.21 crore. Experts praised the strong performance, citing robust demand in the beauty and fashion segments.
Analysts suggest a buy range of ₹167-₹169 with a target of ₹185-₹200, advising a stop loss below ₹158.
Flying business class just got priceyStarting April, air travel via Delhi Airport will become more expensive, with user development fees (UDF) varying based on travel class and flight timing. Under the proposed tariff plan:
Domestic travelers: Rs 610 (peak) and Rs 405 (non-peak) for departures; Rs 210 (peak) and Rs 140 (non-peak) for arrivals.
International travelers: Economy passengers will pay Rs 810 (departure) and Rs 280 (arrival), while business class passengers will pay Rs 1,280 and Rs 570, respectively.
Peak hours are 5:00-8:55 a.m. and 5:00-8:55 p.m. Higher landing and parking fees are also proposed, increasing costs for airlines.
Mahakumbh traffic advisory for Prayagraj (Maghi Purnima, Feb 12, 2025)The Prayagraj administration has declared a No Vehicle Zone in the fair area ahead of the Maghi Purnima bathing event on February 12.
No Vehicle Zone Timings:
Starts at 4:00 AM on February 11 in the fair area (except for essential and emergency services).
Extends to all of Prayagraj city from 5:00 PM on February 11.
Remains in effect until devotees are safely evacuated on February 12.
Parking Arrangements:
Devotees' vehicles must be parked in designated parking lots after 4:00 AM on February 11.
Essential and emergency services are exempt from restrictions.
YouTuber Allahbadia's obscene video gets removed by the governmentThe Indian government has blocked the controversial India's Got Latent episode by Ranveer Allahbadia on YouTube, according to an Information & Broadcasting official.
Kanchan Gupta, Senior Advisor at the Ministry of Information & Broadcasting, confirmed the action on social media platform X (formerly Twitter), stating:
“The ‘India Has Latent’ episode on YouTube with obscene and perverse comments by Ranveer Allahbadia has been blocked following Government of India orders.”
📌 Startup News
Tamil Nadu restricts real-money online gaming from 12 AM to 5 AMThis applies to all the platforms, requiring them to disable logins between midnight and 5 a.m. to curb excessive gambling.
Platforms must conduct KYC checks, restrict minors from playing, and display caution messages about addiction and spending.
The Tamil Nadu Online Gaming Authority, established in 2023, oversees these rules following a partially overturned ban on online rummy and poker.
PhonePe launches insurance for Maha Kumbh Mela attendeesThe insurance, offered in partnership with ICICI Lombard General Insurance, comes in two variants:
₹59 per traveler (train/bus)
₹99 per traveler (domestic flights)
It covers hospitalization, doctor consultation, outpatient treatment, personal accidents, baggage loss, trip cancellations, missed connections, and repatriation of remains. The policy can be purchased via PhonePe until Feb 25, 2025.
📌 Global News
UK is shutting down Indian restaurantsThe UK government is cracking down on illegal working, especially in Indian restaurants, nail salons, convenience stores, and car washes.
In January alone, immigration officers raided 828 businesses, almost 50% more than last year, leading to over 600 arrests.
Home Secretary Yvette Cooper says this is about enforcing immigration rules and stopping businesses from exploiting illegal workers.
US deportation flight signals a warning to IndiaThe U.S. deported 104 unauthorized Indian migrants on a military aircraft (C-17) on February 5, costing around $1 million.
The use of a military plane and shackling of deportees indicate tensions in U.S.-India relations.
Analysts see this as a message from the Trump administration, while India's cooperation suggests an effort to shed its image as a major source of illegal immigration.
📌 Now, Bolly News
'Badass Ravikumar’ box office collection Day 4Despite the romantic season favoring rom-coms, Badass Ravikummar outperformed Loveyapa, grossing ₹6.75 crore in four days compared to Loveyapa's ₹5.15 crore.
Without aggressive PR, Badass Ravikummar opened at ₹2.75 crore but saw steady declines, earning ₹2 crore on Saturday, ₹1.40 crore on Sunday, and just ₹0.60 crore on Monday.
Vidaamuyarchi box office collection Day 5Ajith Kumar's Vidaamuyarchi, directed by Magizh Thirumeni, earned ₹65 crore net in India over five days but saw a sharp drop on Monday, collecting just ₹3 crore.
The worldwide collection stood at ₹92 crore on Day 3, with $800,000 from North America.
So, that’s it for today. If you enjoyed this edition, subscribe to hear from us every day!
See ya 👋
