Nykaa's Growth Prospects: A Neutral Stance by Nomura

Nomura maintains a 'neutral' rating on FSN E-Commerce (Nykaa), setting a target price of Rs 190. Analysts project the company's beauty & personal care segment to grow at a low 30% annualized rate, with net revenue growth in the mid-20% range. Despite expecting a 26% annualized consolidated revenue growth for Q4FY25, they caution about potential downside risks.

Delhivery's Strategic Move: Morgan Stanley's Equal Weight Rating

Morgan Stanley rates Delhivery as 'equal weight' with a Rs 320 target price, highlighting its Ecom Express acquisition as a consolidation step. The firm's value realization hinges on revenue retention, cost reduction, and lower capex.

Dixon Technologies: HSBC's Buy Call Amid US Tariff Changes

HSBC recommends a 'buy' on Dixon Technologies, targeting Rs 20,000, citing potential benefits from new US tariffs on China, Vietnam, and Thailand. Domestic growth drivers include import substitution and increasing market share, with strong Q4FY25 growth anticipated, albeit below consensus.

Trent's Revised Outlook: Goldman Sachs Adjusts Target Price

Goldman Sachs maintains a 'buy' on Trent but lowers the target price to Rs 6,760 from Rs 7,500, following disappointing Jan-March sales. Despite short-term setbacks, growth is expected to rebound in FY26, fueled by store additions and discretionary demand recovery.

Bikaji Foods International: Emkay Global's Buy Recommendation

Emkay Global endorses a 'buy' for Bikaji Foods International, with a Rs 775 target price, praising its solid fundamentals and execution. Easing inflation and strategic initiatives are poised to enhance margins and drive earnings growth from FY25 to FY27.

Disclaimer: The opinions and recommendations are from brokerage analysts and not The Times of India. Consult a financial advisor before making investment decisions.