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Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...- 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...
- L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
- Nykaa aims to surpass $5 billion in goods sold by fiscal 2030Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold revenue increase and four to five...
- Nykaa aims for $5 billion in GMV by FY30Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last t...
- Nykaa shares jump 8% to fresh 52-week high after unveiling FY30 roadmap; targets up to 3x revenue growthNykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. T...
- 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.
- Nykaa shares rally 5% as brokerages turn more bullish post Q1 results. Should you buy, sell or hold?Nykaa shares rose 5.4% to Rs 215.95 after brokerages reaffirmed bullish views post-Q1 results. Net profit jumped 79% YoY to Rs 24 crore, re...
- Nykaa shares slip 4% as brokerages flag fashion losses after Q4 results. Should you buy, sell or hold?Nykaa shares slipped nearly 4% after Q4 results showed strong beauty business growth but continued fashion segment losses. Brokerages are d...
- 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...
- Hot stocks: Brokerage view on Hindalco, Hero Motocorp, Max Financial, Apollo Hospitals and NykaaTop brokerage firms shared their latest stock ratings: JP Morgan recommended Hindalco and Apollo Hospitals, highlighting robust expansions ...
- Nykaa shares jump 3% as management remains positive on growth. Should you buy, sell or hold?Shares of FSN E-commerce Ventures, Nykaa's parent company, rose 3% on BSE to Rs 176.60 after an investor meeting where management expressed...
- Nykaa shares jump over 4%. Here's whyIn Q1 FY24, Nykaa reported an 8% year-on-year (YoY) growth in its consolidated net profit at Rs 5.4 crore. Net profit was Rs 5 crore in the...
- Nykaa shares drop 11%. Here's what troubled investors after Q1 resultsBofA, which has taken a neutral view on the counter, sees competition as a key downside risk for Nykaa while ICICI Securities downgraded th...
- Nykaa shares gain even as Q4 PAT plummets 72% YoY. Should you buy, sell or hold?Shares of FSN E-commerce Ventures rose despite the Nykaa owner reporting a 71.83% YoY drop in March quarter profit after tax at INR2.4 cror...
- 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...
- 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 ...
- Hot Stocks: Global brokerages on Nykaa, Paytm, SRF and HindalcoJPMorgan maintained its overweight rating on Paytm with a target price of Rs 1,000. Paytm is undergoing a model shift from chasing "growth ...
- Luxury segments and international brands drive FY17 growth for NykaaNykaa has also widened its brand portfolio by 56% to stock over 700 brands and more than 80,000 products this year.
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