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NYKAA GROWTH PROSPECTS
Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...- Buy, Sell or Hold: Motilal Oswal raises target on Prestige Estate; Nuvama recommends a buy on NykaaBrokerages show selective optimism on Indian equities with Motilal Oswal raising its target for Prestige Estate to Rs 1,938, implying 32% u...
- Nykaa shares rise 3% after Q3 results. Should you invest?Nykaa shares rose by 3% to Rs 174.60 following a 61% YoY increase in consolidated net profit to Rs 26.12 crore. Revenue met expectations wi...
- JM Financial raises Nykaa's target price to Rs 250 on growth prospects and profitability improvementsJM Financial has reiterated its 'Buy' rating on Nykaa, raising the target price to Rs 250, reflecting a 15% upside from the previous day's ...
- Nykaa shares jump 6% on solid Q3 earnings. Should you buy?Jefferies, Nuvama and JM Financial have reiterated their buy views on the Nykaa shares while Kotak Institutional Equities has suggested an ...
- Nykaa faces FII wrath in June quarter, but domestic investors hold firmForeign portfolio investors cut down their stake in Nykaa to 9.93% as of June from 12.17% held in March
- After 38% downfall, can Nykaa stock regain its lost charm anytime soon?After seeing rampant selling in 2022, shares of most new-age consumer technology companies rebounded sharply in 2023. However, the “Nykaa” ...
- Hot Stocks: Brokerage view on Nykaa, RIL, Delhivery, Hindalco and Tata MotorsLeading brokerage firms have given their recommendations on a range of Indian companies. Goldman Sachs has maintained a neutral rating on N...
- Wait it out on midcap IT; story changing for Nykaa: Sandip Sabharwal"Nykaa is going on a different plane. They are going so much offline and investing in offline stores, etc. I think the story totally change...
- Nykaa CFO resigns to pursue other opportunities in tech spaceArvind Agarwal, the chief financial officer of omnichannel fashion and beauty retailer Nykaa has resigned to pursue other options in the te...
- Nykaa at Rs 900 or Rs 2,300? What Jefferies says on this new-age stockConsumer stocks in India enjoy a significant premium given the growth runway and this should likely continue for Nykaa although the questio...
- Nykaa shares plunge 7.4% after profit nearly wiped out in Q2According to Nykaa’s first quarterly results after listing, its net profit fell 96% to Rs 1.2 crore in Q2 as marketing costs surged before ...
- Nykaa makes glowing debut with $14 billion valuationShares of FSN E-Commerce Ventures, the company that owns the Nykaa brand, ended at Rs 2,205.80 after debuting at Rs 2,018 in pre-open trade.
- To hold or to sell: What should you do after Nykaa's stellar listing?Astha Jain, Senior Research Analyst, Hem Securities, said the investors should not think of making any fresh investment in Nykaa at this po...
- Nykaa PE hits 1,600 times as m-cap tops Rs 1 lakh cr mark"The fact that Nykaa's stock prices are 1,600 times the company's earnings is concerning. The best thing for a value investor would be to g...
- Nykaa surges to near $13 billion valuation in debutShares of FSN E-Commerce Ventures, the profit-making company that owns the Nykaa brand, soared 89.2% to Rs 2,129 after opening at Rs 2,018 ...
- Nykaa to debut on stock exchanges today: Will it be a blockbuster listing?Shares of Nykaa are going to debut on Dalal Street today. The company was earlier scheduled to list on Thursday. The counter is commanding ...
- Nykaa IPO opens today: Should you subscribe or avoid the e-tailer?Nykaa is a multi-brand beauty and personal care platform in India and is expanding rapidly into fashion and lifestyle segments. It is also ...
- Nykaa IPO glams up the grey market with 60% premiumAbhay Doshi, co-founder, UnlistedArena, said the company was an exemplary example of a profitable startup with a reputed promoter.
- Small town consumers drive online luxury salesAccording to industry data, the luxury market will be worth $18 billion this year, up from $14 billion last year, despite curbs on high-tic...
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