Nykaa shares drop 2%, while Macquarie estimates a stock decline of 23%

On Monday, the share price of Nykaa decreased by 2%. With a target price of Rs 115 per share, brokerage company Macquarie has begun coverage on the stock with a “underperform” rating, meaning a decline of 23% from current levels. The lowest target price among brokerages that cover Nykaa offers is Macquarie. With the lowest […]

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