Firms should give investors more info, says Nykaa CEO Falguni Nayar

Saturday, 5 March 2022newsdesk
Firms should give investors more info, says Nykaa CEO Falguni Nayar
Public listed companies should try to open up more with investors to help them make the right investment choices, according to Falguni Nayar, founder & CEO of online beauty and personal care platform Nykaa.

New Delhi, 05 March 2022

As per news report of The Indian Express, “I personally feel that you must try to share more information with the investor community so that they can make certain right choices. However, you know companies like us…we have a lot of data. We are data-driven and we have a lot of data and sometimes all the data cannot be put in public domain because there are monthly differences in the numbers, there are reasons for those differences, or, you know, investors may not understand what are the reasons for those differences,” Nayar said at the The Indian Express e-Adda on Thursday. She was responding to a question on some new-age tech companies deviating from the practice of conducting quarterly analyst meetings and sharing profitability metrics after listing on the bourses.

Source - The Indian Express

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