Nykaa shares fall after Macquarie initiates coverage with 'underperform', sees 23% downside

Zee Business Video Team | Updated: March 6, 2023 06:40 PM IST

The stock of Nykaa fell almost 3% on March 6, after Macquarie initiated coverage on the cosmetics-to-fashion retailer with an 'underperform' rating citing risks to the company's beauty segment margin.



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