Is Nykaa good stock to buy?

Nykaa Stock: FSN E-Commerce Ventures (Nykaa) has been given a ‘buy’ rating and a base target of Rs 1,650, suggesting limited single-digit upside ahead for the stock by Jefferies. The foreign brokerage sees the stock at Rs 900 in its worst-case scenario and at Rs 2,300 in the most bullish outcome.

Correspondingly, Is Nykaa a loss making company? During the fiscal year 2019, Nykaa was estimated to report a loss of approximately 4.3 million U.S. dollars. Nykaa is an online multi-brand beauty and personal care products retailer. The Mumbai-based company was valued at over 700 million dollars that year, a significant increase since it was established in 2012.

What is Nykaa share price target? nykaa share price: Buy Nykaa, target price Rs 1,859: Edelweiss Securities – The Economic Times.

Furthermore, Is Zomato a buy?

The brokerage maintained a ‘buy’ rating on Zomato with a target price of Rs 115. The company’s quarterly numbers were disappointing with a miss on the revenue front, and its costs remain elevated, according to BofA-ML. The brokerage retained an ‘overweight’ call on Zomato with a target price of Rs 120.

Why is Nykaa PE so high?

She said Nykaa was rightly placed to tap the high-growth online penetration in BPC and fashion market, especially given its leadership position in this segment, the customer-centric approach, profitable tech platform and capital efficient business model.

What is the PE ratio of Nykaa? Fundamentals

Mkt. Cap ₹86,825Cr 15.23%
P/E Ratio 1,383.77 2.56
P/B Ratio 174.68 NA
Industry P/E 26.19 13.34

Is Nykaa Indian? Nykaa is an Indian e-commerce company, founded by Falguni Nayar in 2012 and headquartered in Mumbai. It sells beauty, wellness and fashion products across websites, mobile apps and 84 offline stores. In 2020, it became the first Indian unicorn startup headed by a woman.

What is the face value of Nykaa? It’s a founder led company supported by professional management team. The company’s total assets as on 2020 are at Rs. 1778 crores and profits at Rs.

Nykaa IPO.

Opening Date 28 th October 2021
Face Value Rs 1 per equity share
IPO Price Band Rs 1125 (expected)
Minimum Order Quantity To be announced
Issue Size Rs 5200

• 1 nov. 2021

Is Nykaa making profit?

E-commerce company Nykaa saw its profit in the December quarter (Q3) drop 59 per cent to Rs 28 crore compared to the year-ago period even as revenue rose 36 per cent to Rs 1,098 crore.

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Why Zomato is in loss?

“We believe that the weak QoQ growth in GOV was primarily due to reduction in customer delivery charges, in addition to a soft impact of post-Covid reopening (including some shift from delivery to dining out),” said the company. “Over the years, unit economics in our food delivery business have improved with scale.

Why is Zomato falling? During the quarter that ended in December 2021 (FY22), the company reported a loss of Rs 67.2 crore. But it narrowed from a loss of Rs 352.6 crore same period last year. The loss was mainly due to high employee costs, and exceptional items.

Is Zerodha listed?

Zerodha is a privately held company. It is not listed in any stock exchange. However, it is a registered member of SEBI, NSE, BSE, MCX, NCDEX and CDSL. Zerodha Commodities Pvt.

What is Tesla’s P E ratio?

Tesla PE Ratio: 201.40 for April 20, 2022

View and export this data back to 2020.

Is Nykaa a Chinese app? Nykaa app is not from China. Neither the company was founded in China nor is the company based in China.

Who is Nykaa brand ambassador? BSE-listed FSN E-Commerce Ventures, the parent company of Nykaa, has launched an ad film featuring its brand ambassador Janhvi Kapoor for its upcoming sale event at the end of the month. The brand ambassador is seen driving up to a ship dock with her friends in the ‘Pink It Up’ film.

Is Colorbar Indian brand?

Colorbar is an Indian beauty brand. The company headquarter is in New Delhi, India. It is one of the leading beauty brands in India and now across the world. Colorbar providing best and most innovative products in the world to give the best service and experience to consumer.

Why did Paytm IPO fail? Paytm’s weak listing happened amid tepid sentiment in the broader equities market; the benchmark Sensex fell 372 points to close at 59,636.01 on Thursday.

Is Nykaa IPO good buy?

Now given the strong fundamental, the stock is certainly a buy and here we would point out what analysts suggest on Nykaa counter. Profit booking in the counter of Nykaa is expected to prolong for some more time and it can take the scrip to price levels between Rs. 2000-1800 levels.

Why is Nykaa IPO so expensive? This was majorly a result of Nykaa’s increased marketing costs, which witnessed a four times increase in the last one year. Nykaa’s IPO is one of the major reasons why the company’s expenses went up, an investor says.

Is Nykaa debt free?

Revenue grew 38% year-on-year to Rs 2,453 crore in FY21. The company had earlier said it would use Rs 130 crore from the IPO proceeds to repay its debt and Rs 200 crore to market its brands.

 

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