India, June 18 -- Shares of Nykaa climbed 7.1% to touch a 52-week high of Rs.301.30 on the BSE during the intraday trading, as investor sentiment improved after the BPC ecommerce major outlined its FY30 growth strategy at its 'Annual Investor Day 2026' today.

The stock later pared some of the gains amid profit booking and was trading 6.8% higher at Rs.300.60 around 11:46 IST. The company's market capitalisation stood at Rs.86,086.5 Cr (about $9.1 Bn) at the time.

The rally in the stock came after Nykaa said it is targeting a beauty and lifestyle business with over $5 Bn in gross merchandise value (GMV) by FY30.

The company expects revenue to grow 2-3X and EBITDA to rise 4-5X by FY30 as it scales its beauty, fashion, consumer brands and...