Buy or sell: Stock recommendation by brokers for April 8, 2025
[ad_1] Nomura has a ‘neutral’ rating on FSN E-Commerce (Nykaa) with a target price of Rs 190. Analysts expect the company’s beauty & personal care segment’s GMV growth is expected to be in the low 30% level on an annualised basis while its net revenue growth would be in the mid-20%. They expect Nykaa’s consolidated revenue growth to be about 26% on an annualised basis for Q4FY25, with some downside risks.Morgan Stanley has an ‘equal weight’ rating on Delhivery with a target price of Rs 320. Analysts feel its acquisition of Ecom Express is a step towards consolidation. For the company, the key to value realisation would be revenue retention, cost structure reduction and lower capex.HSBC has a ‘buy’ call on Dixon Technologies with a target price of Rs 20,000. Analysts feel the US’s new tariffs could benefit Dixon since […]