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

Devangshu Datta
Last Updated at January 24, 2023 23:17 IST

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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