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Nykaa hits 52-week high then fades as Citi-Jefferies divide deepens on record Q4

FSN E-Commerce posted its highest-ever 8.4% EBITDA margin, 28% revenue growth to ₹2,648 cr, and 313% PAT jump in Q4FY26, crossing $1 bn in annual revenue. Stock touched ₹285.60 before retreating to ₹272.85 as Jefferies (TP ₹350) and Citi (TP ₹225) split sharply over a 385x P/E.

Nykaa hit ₹285.60 then slipped to ₹272.85 as Citi (TP ₹225) and Jefferies (TP ₹350) clash on record Q4 with 313% PAT jump.

The Hindu BusinessLine · 5/22/2026, 5:54:07 AM · Ask about this →

Nykaa FSN E-Commerce Ventures