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As stated by Wipro, the new technology would help businesses increase their operational efficiencies because of its speed, security, and AI-driven automation.
Nykaa is reporting healthy increase in its fashion AOV (up 18% YoY) but its NSV to GMV ratio is also falling consistently.
Analysts of IIFL Securities see a good scope for steady earnings growth led by volumes, rather than margins alone.
According to the report, a hypothetical new dollar payment system might resemble the current RTGS
Recommendation: Reduce; Target price: ₹8125