EUR 120.00 For Business Accounts Only

MOSL: Morning India (28/September/21): 1. Nykaa (A unique business model on the cusp of a large opportunity); 2. Godrej Consumer (Building blocks in place to capitalize on recovery)

Morning India (28/September/21): Morning India (28/September/21): 
Today’s top research ideaNykaa: A unique business model on the cusp of a large opportunity- We analyzed Nykaa's DRHP to gauge the size of the opportunity in the Indian BPC and Fashion segments, the company's business model, the competitive landscape, as well as key risks. - We also conducted an online survey among the target demographic and have presented our findings. The Indian BPC / Fashion market is expected to reach INR2t/INR8.7t by CY25 - posting a CAGR of 12.7%/18% from CY20 with the online BPC and Fashion space growing at an even faster pace. - Nykaa is well placed to capitalize on this opportunity by offering a superior customer experience, guarantee of authenticity, ability to identify contemporary trends, and deep meaningful relationships with brands.
Piping hot newsIcra revises up FY22 GDP growth forecast to 9%Ratings agency Icra on Monday revised up its 2021-22 real GDP growth estimate for India to 9 per cent from the earlier 8.5 per cent. A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision, the agency said in a statement.