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Nykaa stock now a more attractive 'buy', analysts positive but divided

Through financial modelling, experts arrive at a fair value that ranges between Rs 145 and Rs 360

Topics
Nykaa | Valuations | e-commerce companies

Devangshu Datta 



Nykaa, beauty care products
Photo: Bloomberg

FSN E-commerce or Nykaa, as its popularly known, was profitable before it went public and that remains the case for the online fashion and personal care retailer. This is unusual for a digitally-driven startup, since the sector focuses on growth rather than profits.

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First Published: Tue, January 24 2023. 21:07 IST

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