Published on 28/10/2021 12:32:19 PM | Source: Samco Securities

Quote on Nykaa IPO By Ms. Yesha Shah, Samco Securities

Posted in Expert Views| #IPO #Expert Views #SAMCO Securities #Nykaa

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel 

Download Telegram App before Joining the Channel

Below is quote on Nykaa IPO By Ms. Yesha Shah, Head of Equity Research, Samco Securities.

With a diverse assortment of beauty, personal care and fashion products, Nykaa’s supremacy lies in its ability to retain and attract customers. Nykaa has witnessed sustained growth in GMV over the years and has the highest AOV. It’s robust technology and content engine, focus on capital efficiency and positive unit economics coupled with immense headroom for penetration, provide the company a long runway for growth. The dearth of PAT positive new age companies in India and it’s first mover advantage augurs well enabling Nykaa to command higher premium. We believe the company is capable of improving its financial metrics and cementing its position going forward and hence recommend investors to Subscribe to the issue.


Above views are of the author and not of the website kindly read disclaimer

lordcasino aresbet