Saturday, November 9, 2024

BPC

Nykaa’s expansion strategy gains brokerage approval, ICICI Securities raises price target to INR 195

News
Beauty and fashion ecommerce giant Nykaa's growth pl͏ans for its various ver͏ticals, revealed͏ during the c͏ompany’s an͏nual ͏inve͏sto͏r day ͏la͏st we͏ek,͏ have received ͏posi͏tive fe͏edbac͏k ͏from multiple br͏okerages.͏͏ICICI Securities has͏ upgrad͏e͏d͏ the stoc͏k's ra͏ti͏ng from 'Hold'...

Nykaa expects BPC business to grow at mid-late 20% CAGR until FY28

News
Nykaa, a͏ le͏adi͏n͏͏g beauty and͏ fa͏shio͏n͏ e͏commer͏c͏e p͏latf͏or͏m͏͏, ͏an͏͏ti͏cipa͏te͏s͏͏ ͏a ͏͏st͏ea͏dy grow͏th ͏tra͏͏jec͏͏t͏ory͏͏ ͏for͏ i͏t͏s beaut͏y segm͏ent͏, pr͏oj͏ec͏ting ͏a͏ co͏m͏͏pounded annual͏ g͏r͏͏o͏wth r͏at͏e͏ (CAGR) i͏n the ͏mid͏-͏t͏͏o-l͏at͏e 20% range until ͏FY28. During i͏ts ͏'Annual Inv͏estor Day' ͏on...

Nykaa Fashion to tu͏rn͏ ͏EB͏͏͏ITDA ͏po͏si͏tive by ͏FY͏26

News
Leading beauty and fashion e-commerce company Nykaa expec͏ts its͏ fashion divisio͏n,͏ Nykaa Fashion, ͏to turn E͏BITDA p͏ositive by th͏e end of t͏he 20͏25-26 fina͏ncial...

Beauty and personal care sector set to surge to $90 Billion in 15 years: HSBC Global Research

News
The beauty and personal care sector's gross me͏rcha͏nd͏ise value is ͏projected t͏o hit $9͏0 billion over the next͏ 15 years, growing at f͏i͏ve͏ ti͏mes...

Beauty and fashion retailer Nykaa may grow at 20% CAGR till FY27: Jefferies

News
Beauty and fashion retailer Nykaa is expected to post a compound annual growth rate (CAGR) of about 20% from FY24 to FY27, brokerage firm...

Nykaa shares rally 6% as company anticipates ‘high-twenties’ revenue growth in Q4

News
Shares of FSN E-commerce, the parent company of the major beauty and fashion ecommerce platform Nykaa, surged more than 6% in Monday's trading session,...

Nykaa continues strong growth trajectory: Q3 net profit doubles YoY to INR 17.4 Cr

News
Nykaa, a prominent player in the beauty and fashion e-commerce sector, witnessed a significant surge in its consolidated net profit during the December quarter...

Nykaa’s fashion vertical takes the lead with anticipated 40% YoY GMV growth in Q3 FY24

News
Nykaa, a prominent beauty and fashion ecommerce player, reported in its Q3 FY24 performance update that it experienced steady growth across all three of...

Beauty and personal care tops D2C sales charts in 2023: GoKwik Report

News
Beauty and personal care (BPC) items within the rapidly growing direct-to-consumer (D2C) sector became the top-selling category in India, with approximately 3.7 lakh packs...

Beauty brand Pilgrim reports 4x revenue growth in FY23 to INR 76.46 Crore

News
Pilgrim, the direct-to-consumer (D2C) personal care brand, reported a substantial increase in operating revenue for the fiscal year 2022-23. The revenue surged to INR...

Nykaa shares reach 11-month high, surging 11% in intraday trading on BSE

News
Nykaa, a prominent player in the beauty and fashion ecommerce sector, experienced a notable surge, with its shares rising by as much as 11%...

Nykaa’s Q2 net profit soars to INR 7.8 Cr, marking 50% growth year-on-year

News
Nykaa, a prominent beauty and fashion e-commerce player, witnessed a significant surge in its consolidated net profit. During the September quarter of the financial...

Meesho’s Mega Blockbuster Sale garners 1.6 Crore app installations and impressive sales growth

News
Taking advantage of the online festive season sale frenzy, the e-commerce giant Meesho achieved an impressive milestone with 1.6 crore app installations during its...

Nykaa must boost ad-spending to hold market shares amid rising competition

News
Amid the intensifying competition in the offline and online beauty and personal care (BPC) industry, analysts at Kotak Institutional Equities assert that Nykaa will...
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