Pending — not yet graded
“Upgraded Nykaa to 'buy' from 'hold' with a price target of ₹380 per share, indicating a 15.7% upside. The upgrade is based on Nykaa's leadership in online beauty and personal care, its growing share in fashion, and a strong growth outlook, leading to a 12% increase in FY28 EBITDA estimates.”
NykaaBullishCalled 22 Jul 2026
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