scorecardresearchNykaa down 75% from its record high; ICICI Sec initiates coverage, sees further downside

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  <span class='webrupee'>₹</span>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.