Nykaa down 75% from its record high; ICICI Sec initiates coverage, sees further downside
Updated: 19 May 2022, 12:29 PM IST
TL;DR.
ICICI Securities has initiated coverage for the e-commerce stock with a 'hold' rating and a target price of ₹1,250, indicating a downside of around 15 percent from its current market price.ICICI Securities has initiated coverage for the e-commerce stock with a 'hold' rating and a target price of ₹1,250, indicating a downside of around 15 percent from its current market price.