scorecardresearchDown 23% from listing price; Jefferies expects Nykaa to rally 48% in bull case scenario

Down 23% from listing price; Jefferies expects Nykaa to rally 48% in bull case scenario

Updated: 21 Mar 2022, 03:26 PM IST
TL;DR.
In a bull case scenario, the brokerage expects Nykaa to jump to 2,300, implying a 48 percent upside. However, in a bear case scenario, the target price by Jefferies is 900, indicating a downside of 42 percent.
In a bull case scenario, the brokerage expects Nykaa to jump to  <span class='webrupee'>₹</span>2,300, implying a 48 percent upside. However, in a bear case scenario, the target price by Jefferies is  <span class='webrupee'>₹</span>900, indicating a downside of 42 percent.

In a bull case scenario, the brokerage expects Nykaa to jump to 2,300, implying a 48 percent upside. However, in a bear case scenario, the target price by Jefferies is 900, indicating a downside of 42 percent.