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NRI investor sells shares of Nykaa for US$122 Million

According to BSE trading data, the NRI sold over 50 million shares.

A Non-resident Indian (NRI) investor and the co-portfolio manager at investment firm Lone Pine Capital, made a profit of US$122 Million by selling the shares of Nykaa, an Indian e-commerce company,

According to data from BSE bulk deals, Mala Gopal Gaonkarsold around 50 million shares at an average price of US$ 2.15.

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