Analysts from JP Morgan, CLSA, Nomura, and Citigroup have issued positive ratings on Indian stocks Bajaj Finance, Varun Beverages, Nykaa, and Jubilant Foodworks, citing strong growth prospects, strategic partnerships, and margin expansion potential.
Nykaa aims for $5 billion GMV by FY2030, doubling its business over the last three years while staying profitable. The company is expanding into wellness as a natural extension of its beauty and self-care offerings.
Nykaa Fashion is now a key driver for acquiring customers for Nykaa's beauty business, with both segments showing strong growth. The parent company reported a 286% profit increase for Q4 FY26, despite economic concerns, as fashion expanded into new categories and secured retail partnerships.
Analysts from Goldman Sachs, Citi, Jefferies, CLSA, and Morgan Stanley provide insights on ITC, LIC, Nykaa, Honasa, and LG Electronics India. Ratings range from neutral to buy, with varying target prices and outlooks on earnings, growth, and market conditions.
