Nykaa Shares Jump 7.8% After Q2 Profit Surges 2.5X

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SUMMARY

Shares of beauty ecommerce major Nykaa surged as much as 7.8% to INR 265.30 during the intraday trading on the BSE today

The company’s market capitalisation stood at INR 74,959 Cr (about $8.5 Bn)

Morgan Stanley raised target price to INR 271 and CLSA increased the target price to INR 298

Shares of beauty ecommerce major Nykaa surged as much as 7.8% to INR 265.30 during the intraday trading on the BSE today after the company reported strong Q2 FY26 numbers post market…



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Nykaa Shares Jump 7.8% After Q2 Profit Surges 2.5X


SUMMARY

Shares of beauty ecommerce major Nykaa surged as much as 7.8% to INR 265.30 during the intraday trading on the BSE today

The company’s market capitalisation stood at INR 74,959 Cr (about $8.5 Bn)

Morgan Stanley raised target price to INR 271 and CLSA increased the target price to INR 298

Shares of beauty ecommerce major Nykaa surged as much as 7.8% to INR 265.30 during the intraday trading on the BSE today after the company reported strong Q2 FY26 numbers post market…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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