Nykaa shares fall by 20% in Jan, hit new 52-week low today

Shares of FSN E-Commerce Ventures, the parent company of Nykaa, have fallen by over 20% so far this month. On Monday, the shares traded down over 2% on BSE to ₹124 as of 12 pm. The stock hit a 52-week low of ₹120.70 during the day as well. In the last one year, the stock is down 62%.