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- May 19th, 2024
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[ad_1] Target: â¹300CMP: â¹341.80We initiate coverage on One97 Communications (OCL-Paytm) with Reduce. Following the recent regulatory salvo, the stock has corrected about 55 per cent (about 80 per cent from its post-IPO peak in Nov-21), echoing the expected business/revenue dislocation...
[ad_1] Target: â¹500CMP: â¹438.70Honasa Consumer, in a journey to gain scale in the Indian Beauty market, has built âThe Derma Coâ â their second profitable brand, with ARR of â¹500 crore+. The Derma Co, launched in 2020, offers science-backed products...
[ad_1] Google-backed homegrown social media firm Sharechat has closed a $49 million debt financing through convertible debentures from existing investors-Lightspeed, Temasek, Alkeon Capital, Moore Strategic Ventures and HarbourVest, amongst others.The company’s valuation has fallen by over 60 per cent to...