Nykaa Hits 52-Week High on ~30% Q1 FY27 Growth Outlook
Nykaa shares touched a 52-week high of ₹319.95 (market cap ₹89,437.2 Cr) after guiding to ~30% YoY Q1 FY27 revenue growth. Fashion recovery (mid-50% NSV growth) and beauty momentum drove sentiment; store count rose to 324 from 313. JM Financial reiterated Buy with a ₹360 target.
Nykaa shares hit a 52-week high after projecting ~30% Q1 FY27 revenue growth, driven by a fashion recovery (mid-50% NSV growth) and beauty momentum. Store count rose to 324; JM Financial reiterated Buy with ₹360 target.
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