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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...- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- Recode Studios IPO opens today. GMP among key things to know before subscriptionRecode Studios' IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, pri...
- Nykaa eyes Deepika Padukone's 82°E; Wipro seals $1B dealNykaa is in talks with Deepika Padukone’s premium skincare brand 82°E to buy a majority stake. This and more in today's ETtech Top 5.
- India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
- Stock Radar: NYKAA showing signs of momentum after 20% fall from the highs; what should investors do?FSN E-Commerce Ventures (Nykaa) experienced a breakout from its falling trendline resistance and is now trading around its 200-DMA. Experts...
- 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...
- Buzzing Stock: Nykaa shares drop 3% after Macquarie reportThe consensus recommendation from 17 analysts for the stock is a Buy. Out of the 17 analysts covering the stock, fourteen have strong buy a...
- 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 shares tumble 20% in 5 days to hit fresh all-time lowThe consensus recommendation from 17 analysts for the new-age tech stock is a buy. Out of the 17 analysts covering the stock, 13 have stron...
- Never-ending pain? Nykaa shares tumble over 5% to hit fresh all-time lowNykaa is trading below all its major moving averages, and we are facing massive selling pressure there. Unless the stock crosses Rs 142-143...
- Nykaa shares crack 4% on block deal buzzThe consensus recommendation from 15 analysts for the bank is a buy. Out of the 17 analysts covering the stock, 13 have strong buy and buy ...
- Why brokerages see up to 90% upside potential in Nykaa after Q2 print"The company’s international foray with product listing on 4 portals in GCC countries and 2 portals in the USA looks exciting and further p...
- Why recent correction in Nykaa may just be a one-off caseInitiating a buy call on the stock, Edelweiss suggested a target of Rs 1,859 for the stock, suggesting a potential 20 per cent upside. The ...
- 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...
- 60% upside possible in Nykaa? This broker addresses 5 key investor concernsNykaa’s Q3FY22 gross margin improved 360 basis points QoQ to 46.3 per cent and Ebitda margin by 280 basis points QoQ to 6.3 per cent driven...
- Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39 lakh crore.
- What foreign brokerages say on Nykaa, IndusInd Bank, L&T and Kotak BankCLSA has upgraded Kotak Mahindra Bank to 'buy' with a target of Rs 2,300. The foreign brokerage said the bank's asset quality has been impe...
- Morgan Stanley initiates coverage on Nykaa, PB Fintech with equal weight ratingMorgan Stanley said it is bullish on Nykaa's business and feels the risk-reward is balanced. The brokerage has a target of Rs 2,183 on Nyka...
- After doubling over issue price, Nykaa shares may rally another 25%: UBSThe broker has a 12-month price target of Rs 2,750 on Nykaa. The counter traded at Rs 2,194, down nearly 2 per cent on Wednesday morning. T...
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