In today’s briefing:
- Cello World IPO – Thoughts on Valuation
- Quiddity Leaderboard NIFTY Mar 24: Bharat Electronics Vs L&T Might Be Interesting
- FSN E-Commerce Ventures (NYKAA IN) | Troubles at Core?
- Honasa Consumer IPO – RHP Updates – Sales Strong, Slight Margin Improvement
Cello World IPO – Thoughts on Valuation
- Cello World is looking to raise around US$240m in its upcoming India IPO.
- Cello World (CW) is an Indian consumer products company. The firm is a leading company in the consumerware market in India.
- In our previous note, we looked at the company’s past performance. In this note, we talk about valuations.
Quiddity Leaderboard NIFTY Mar 24: Bharat Electronics Vs L&T Might Be Interesting
- NIFTY 50 represents the 50 largest stocks listed in the National Stock Exchange (NSE) of India and the NIFTY Next 50 index tracks the next 50 largest names.
- In this insight, we take a look at the names leading the race to become ADDs/DELs for the NIFTY 50 and NIFTY Next 50 indices in the March 2024 rebalance.
- According to my latest estimates, there could be up to three changes or NIFTY 50 and five changes for NIFTY Next 50. The NIFTY 50 changes could have high impact.
FSN E-Commerce Ventures (NYKAA IN) | Troubles at Core?
- FSN E-Commerce Ventures (Nykaa) (NYKAA IN) seems to be facing problems in its core BPC segment.
- Our casual LinkedIn browsing led us to an interesting post on the company and its practices that warrant attention.
- We have previously highlighted issues with the way the company has managed its Fashion Business, an attack on the BPC business could compound issues further.
Honasa Consumer IPO – RHP Updates – Sales Strong, Slight Margin Improvement
- Honasa Consumer (HC) is looking to raise about US$200m in its upcoming India IPO.
- HC’s product portfolio includes products in the baby care, face care, body care, hair care, color cosmetics and fragrances segments.
- In our previous note, we looked at the company’s past performance. In this note, we talk about the RHP updates and valuations.
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