The brokerage noted that Nykaa is the largest beauty & personal care e-commerce company in India with a 40% share, one of the country's fastest-growing fashion platforms, and well positioned in the Indian market Beauty and Personal Care (BPC) market.
The brokerage noted that Nykaa is the largest beauty & personal care e-commerce company in India with a 40% share, one of the country's fastest-growing fashion platforms, and well positioned in the Indian market Beauty and Personal Care (BPC) market.
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