homevideos Newsmarket News

Expect strong recovery in market in 2022, Nykaa to do well in next few years: Alchemy Capital

videos | Mar 16, 2022 1:23 PM IST

Expect strong recovery in market in 2022, Nykaa to do well in next few years: Alchemy Capital

Mini

Hiren Ved, CEO, Alchemy Capital Management believes, Nykaa has the best business model amongst the New Age companies. “Nykaa will probably do very well over the next few years, they already have a very profitable model," he said.

India is behaving like a strong stock, which corrects less in a correction and probably bounces back when things get a little better, said Hiren Ved, CEO, Alchemy Capital Management.

Recommended Articles

View All

The correction in Indian market was long overdue, he said. He is fairly confident that as the economy bounces back, demand will come back. “So we should be on our course to a very strong recovery in 2022-2023,” he said.
Also Read:
In new age companies, he believes, Nykaa has the best business model. “Nykaa will probably do very well over the next few years, they already have a very profitable model," he said.
For the full interview, watch the accompanying video
Catch all stock market updates here
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng