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BPC BUSINESS
India's beauty, personal care market seen at $39 billion by 2030: FlipkartIndia's beauty and personal care market is set for a significant surge, projected to hit $39 billion by 2030. Flipkart's report reveals a s...- Nykaa shares rally 4%, hit 52-week high after Q4. Here's what Goldman Sachs, Morgan Stanley are sayingNykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% to Rs 78 crore, with revenue up 2...
- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
- Emami to buy 60% stake in SkinKraft, Vedix parent IncNut for Rs 321 croreKolkata's Emami is set to acquire a significant 60% stake in IncNut Digital. This company is the driving force behind popular beauty brands...
- Motilal Oswal initiates coverage on Nykaa with ‘neutral' rating, Rs 280 target price on strong brand-led discovery modelMotilal Oswal has initiated coverage on Nykaa with a ‘Neutral’ rating and a target price of Rs 280, implying a 10.3% upside from the previo...
- Nykaa Q3 Results Preview: PAT to more than double on strong BPC growthNykaa Q3 Results Preview: Nykaa's Q3FY25 update forecasts 27% YoY revenue growth, driven by a strong performance in the BPC segment, with e...
- Nykaa shares in focus ahead of Q2 results today. Here's what to expectNykaa is poised to announce a threefold surge in net profit for the July-September quarter, driven by robust growth in its beauty and perso...
- Q2 results today: Hyundai, Nykaa among 540 companies to announce earnings on TuesdayNykaa is predicted to experience a threefold increase in net profit for the second quarter, reaching Rs 1900 crore in revenue. This surge i...
- Nykaa Q3 results today: Revenue may see double-digit growth on strong seasonality factorsNykaa Q3 results: Nykaa's parent company, FSN E-commerce Ltd, is expected to report strong earnings for the December quarter, driven by rob...
- A third of Nykaa GMV in FY23 has come from new businesses: CEO Falguni NayarNykaa has clocked a total GMV of Rs 9,743 crore and net revenue of Rs 5,143 crore during FY23.
- Nykaa shares fall over 2% on reports of block dealShares of Nykaa saw a decline of over 2% in intraday trading due to likely block deals. The stock has recorded a muted performance this yea...
- Nykaa shares can rally up to 46% as buy calls get louderDespite a disappointing performance in the last year, several brokerages predict a 46% rally in Nykaa stock due to the company's balance be...
- Nykaa Q4 Preview: Sales to see double-digit growth YoY, led by BPC opsNykaa, owned by FSN-Ecommerce Ltd, is expected to report high double-digit revenue growth in Q4 2022, driven by a rise in gross merchandise...
- Nykaa expects over 30% growth in FY23 revenue on better conversion ratesThe BPC business saw higher year-on-year growth rates in the March quarter compared to the year-on-year growth seen in the December quarter.
- Nykaa shares drop 5% on weak Q3 print. Should you buy, sell or hold?Given the recent volatility in the stock, we again bake in a higher cost of capital assumption, which yields a target price of Rs 195 (Rs 2...
- Nykaa a compelling buy at sub Rs 1,000; don't see big fall in beauty business market share: Karan Taurani“Even Nykaa has moved very aggressively in terms of the Omni channel approach and one has to give it to them that first mover advantage wil...
- Long-term bet! Nykaa can rally up to 69% till 2027: Elara CapitalNykaa, with several niche products and a huge addressable market in the fashion segment, will be able to drive the segment’s revenue going ...
- Post its maiden Analyst Day, here's how Nykaa's price targets look likeAccording to the analysts who attended the event, the new age company intends to give priority to driving growth in the Beauty and Personal...
- Can hot stock Nykaa still deliver strong returns? Yes, says HSBCThe foreign brokerage forecast doubling of revenues every 2-3 years in the coming decade, which it said would be the chief catalyst for the...
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