Nykaa Share: Double dose of fashion and beauty
Nykaa is getting the biggest benefit from the increasing popularity of online shopping. The brokerage has given ‘Buy’ rating on it and has set a target of ₹305. The number of customers in both beauty and fashion segments of the company is increasing rapidly. Experts believe that as the scale of the company increases, its margins will also see a big improvement, which will help the share prices go up.
Disclaimer: The information given in this article is for informational purposes only. This is not any kind of investment advice. Investing in the stock market is subject to risks. Before making any investment, take advice from a SEBI registered financial advisor or market expert.