India, July 6 -- Shares of beauty and personal care (BPC) major Nykaa surged over 3% to hit a fresh 52-week high of Rs.319.95 on the BSE today after it projected around 30% YoY growth in consolidated revenue for the first quarter of FY27.

The shares later pared some of the gains amid profit booking and were trading at Rs.312.25 (0.79 % higher) at 12:50 PM IST. The company's market capitalisation stood at Rs.89,437.2 Cr (about $9.3 Bn).

Over the past month, the stock has surged more than 21%. The latest rally comes a day after Nykaa forecast one of its strongest quarterly performances for Q1 FY27. The company projects its consolidated gross merchandise value (GMV), net sales value (NSV) and net revenue to grow in the early 30% range in t...