SUMMARY
JM Financial retained its ‘BUY’ call on the stock with a target price (TP) of INR 240, citing the company’s ability to deliver robust growth in a tepid demand environment
Although Shein may intensify competition in the western-wear segment, on a broader level, Nykaa has a competitive advantage in the category, said the brokerage
Brokerage firm Bernstein maintained its ‘market-perform’ rating on the stock with a TP of INR 160, which implies a potential downside of 6% from the previous close
Shares of Nykaa
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