Nykaa shares fall after Macquarie initiates coverage with 'underperform', sees 23% downside
Zee Business Video Team | Updated: March 6, 2023 18:40 pm
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.
