Friends, today we are going to talk about Nykaa share price target 2024, 2025, 2028, 2030, in which direction the company’s performance is expected to go. Recently, as soon as it was listed in the market, Nykaa Share was seen showing investors with tremendous listing gains.
How can Nykaa Stock show the performance in the coming years? Let us know in detail-
Nykaa Share Price Target 2024
FSN E-commerce Ventures Ltd which is known as Nykaa company sells many products related to Beauty, Wellness, Fashion products on its platform. Apart from this, the company is also seen earning good money from its own product.
Being a market leading company in Nykaa beauty and personal care products in the Indian market, the best listings listed in the stock market were seen showing in the share price. Every year the company saw a good jump in its financials and coming in profit in FY 2023, due to which it can be expected that Nykaa will be seen maintaining its profit growth in the coming days as well.
If the company is seen maintaining good growth, Nykaa share price target By 2024, due to its excellent performance, you can get the first target of Rs 2400. After this target, the second target is expected to show Rs 2600 soon.
Nykaa Share Price Target 2025
Nykaa seems to be spreading a lot in online as well as offline to increase the visibility of its business everywhere. Talking about online business, Nykaa is able to see about 87 percent revenue coming to the company through its application.
On the other hand, the company seems to be increasing its full focus even in the offline business, where the company’s presence is seen in about 80 stores across the country. In the coming years, Nykaa is going to open more offline stores with the money of its IPO.
Due to the spread of Nykaa’s business everywhere, whether it is online or offline, it seems to be difficult to connect more and more customers quickly. As the company continues to expand the business, it seems to be the fastest growing fashion platform of India with the addition of new customers.
Looking at the growing business of the company, Nykaa share price target can be seen showing the first target of Rs 2900 with good returns by 2023. After that you can think of holding another target for Rs 3050.
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Nykaa Share Price Target 2028
Apart from its own product, Nykaa also offers offers to sell the product from different domestic and international brands on its platform. Due to which the company is able to offer more and more products to its customers with good earnings.
Nykaa seems to be striving hard to provide the best possible experience to its customers. Where the company uses every platform like Youtube to stay connected with its customers, this enables the company to strengthen its brand value as well as keep the customer engaged. Nykaa’s unique business model makes it different from other competitors and is expected to show rapid growth in the long run.
Due to good customer satisfaction in the company, Nykaa share price target is going to show the first target of Rs 4100 with increasing business by 2028. And then you can stop for the second target to be Rs 4350 interest.
Nykaa Share Price Target 2030
As you will see for a long time Nykaa beauty and personal care products have a lot of hope on this company due to its one-of-a-kind monopoly business. The way the beauty and personal care industry continues to show good growth every year, to take advantage of this, the company seems to be acquiring other companies to increase its business.
Where the company has been seen acquiring two companies in the last few years, 20Dress and Pipa Bella, due to which the company is going to be seen to benefit gradually in the coming years. Due to Nykaa’s growing business expansion in the long run, the share price target in 2030 is likely to show you around Rs 9600.
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Nykaa Share Price Target 2024, 2025, 2028, 2030
| Year | Nykaa share price target |
| 2024 Target 1 | Rs 2400 |
| Target 2 | Rs 2600 |
| 2025 Target 1 | Rs 2900 |
| Target 2 | Rs 3050 |
| 2028 Target 1 | Rs 4100 |
| Target 2 | Rs 4350 |
| 2030 Target | Rs 9600 |
Future of Nykaa share
Looking ahead, Nykaa is seeing a strong hold in its business beauty and personal care segment. The way people are seeing a growing interest in fashion related products, Nykaa being a strong company in this sector, is fully prepared to take advantage of the growing opportunities coming in the future.
Nykaa appears to work under different business models in its beauty and personal care business to target each and every customer, due to which the company has been showing steady growth in its business. No listing of the company is seen in the stock market, so there is every hope of showing good growth in the stock till there are no other companies listed in the market.
Risk of Nykaa share
Whenever it comes to online shopping company, Nykaa being a startup company in this sector, they get to see competition from very big companies, due to which there is always a risk of losing the market share of the company.
Due to Nykaa being associated with the online business, if any time its brand value appears to be weakened during the running of the business, then the company’s business can see a huge drop in revenue.
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My Opinion:-
Risk is definitely seen in every business, in Nykaa also risk is seen in the same way, but the future of the company is going to depend on how the management handles that risk. Nykaa is one of the best company in its segment which has full potential to give good returns to the shareholders in the long run.
If you are a long-term investor, then you must have an eye on this company. But before investing at any price, do not forget to do your analysis once.
