New Delhi, June 18 -- Shares of FSN E-Commerce Ventures, the parent company of Nykaa, surged 8% to hit a fresh 52-week high on Thursday, 18 June, after the beauty and fashion retailer unveiled its FY30 growth roadmap at its Annual Investor Day 2026.

The company outlined an ambitious vision to build a beauty and lifestyle business with a gross merchandise value (GMV) exceeding $5 billion by FY30, backed by strong growth across its core segments.

Nykaa expects its flagship beauty business to deliver two- to three-fold revenue growth over the next five years, with EBITDA margins expanding into the healthy double-digit territory. The company said this growth will be driven by disciplined execution, operating leverage and capital-efficient i...