Archive · 27 Jun 2025

Brokerage Recommends Buying Nykaa Stock, Sets ₹250 Target

Brokerage Recommends Buying Nykaa Stock, Sets ₹250 Target

A financial analyst recommends buying shares of Nykaa, an online retailer of beauty and fashion products.

The company is planning to grow quickly in both areas.

The analyst expects the fashion part of the business to start making a profit soon.

While the stock price may seem high right now, the analyst believes it's a good long-term investment because Nykaa is expected to keep growing.

Sources