ICICI securities
Nykaa’s expansion strategy gains brokerage approval, ICICI Securities raises price target to INR 195
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'...
Honasa Consumer Ltd, the parent company of Mamaearth, saw its shares climb 3.25% on the BSE to INR 431.70 during intra-day trading on May 24, up from the previous close of INR 418.10.The company's market capitalization...
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ICICI Securities initiates coverage on Honasa Consumer with ‘BUY’ rating, anticipates 28% upside
ICICI Securities, a brokerage firm, has initiated coverage on Honasa Consumer Ltd, the parent company of D2C unicorn mamaearth, with a 'BUY' rating and...
BIS standards enforcement to affect water bottle availability
Starting from June '24, reusable insulated water bottles, flasks, and containers crafted from copper, stainless steel, and aluminum may no longer be available on...
Rise in out-of-home dining and processed foods: Indians cooking less at home than a decade ago, reports show
Indians are cooking at home less frequently than they did a decade ago, as indicated by government data and research reports. This decline is...
DMart’s parent company Avenue Supermarts expects 19.8% revenue growth in Q4 FY24
Avenue Supermarts Ltd. expects a 19.8% increase in revenue for the fourth quarter of fiscal 2024.According to its quarterly business update released on Wednesday,...
Premiumization trend boosting growth in food chains like KFC, McDonald’s, and Popeyes: ICICI Securities Report
As competition grows fiercer and consumers dine out more frequently, the trend towards premiumizing food items is fueling the expansion of food chains.An ICICI...
Pure veg fleet decision based on survey data, surprised by uproar: Zomato CEO
Several days after Zomato announced its plans to introduce a 'pure veg fleet,' sparking controversy online, the foodtech giant's co-founder and CEO, Deepinder Goyal,...
ICICI Securities raises Zomato’s price target to INR 300, citing strong growth and profitability metrics
ICICI Securities, the brokerage firm, has maintained its 'BUY' recommendation for the foodtech giant Zomato and has adjusted its price target (PT) to INR...
Apparel retail sector is likely to face another quarter of slowdown: ICICI Securities Report
Apparel retail sector is anticipated to undergo another quarter of slowdown, with the majority of establishments reporting flat to low single-digit growth in same-store...
Swiggy lays groundwork for mega IPO launch; taps top banks for key advisory roles
Food delivery giant Swiggy is in the process of shortlisting seven investment banks to act as advisors, as the Softbank-backed firm prepares for the...
Competitors capitalize as Blinkit riders continue strike across Delhi/NCR
BigBasket, owned by Tata, Zepto backed by Nexus Venture Partners, and Instamart of Swiggy, have experienced an increase in orders in the Delhi-National Capital...