Nykaa shares in focus after Q2 profit skyrockets 243 % YoY; Nuvama ups target price
FSN E‑Commerce Ventures (parent of Nykaa) reported a 243 % year-on-year jump in net profit for Q2 FY26, with revenue rising 25 % and margins improving to a 12-quarter high. Brokerage Nuvama Wealth Management raised its target price accordingly.
By Finblage Editorial Desk
9:15 am
10 November 2025
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