UBS Turns Bullish on Nykaa: Here’s Why the Beauty Giant Stands Strong

Unknown Apr 02, 2026 750 Views

UBS has promoted Nykaa to a "buy" rating with a target price of ₹200 per share, attributing sustained revenue growth despite competitive pressure. Nykaa's beauty and personal care business continues to deliver well, with a 27% YoY revenue growth. The company has also managed to cut...

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