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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 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, 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...
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 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 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...
Add FSN E-Commerce Ventures, target price Rs 145: ICICI SecuritiesFSN E-Commerce Ventures, incorporated in the year 2012, is a Small Cap company (having a market cap of Rs 35631.40 Crore) operating in Serv...
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...
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...
Nykaa shares slip below IPO issue price. Should you buy the dip?As investors continued to dump Nykaa or FSN E-Commerce Ventures ahead of the mandatory lock-in expiry date for pre-IPO investors on Novembe...
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...
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...
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...