Nykaa's Fashion and Beauty Segments Show Growth Signs; Is a Strong Q2 in the Picture?
India, Oct. 6 -- The article outlines the business performance and how the company might perform in the coming quarter, which has a diverse portfolio of beauty, personal care, and fashion products, including owned-brand products manufactured by it.
With a market capitalization of Rs 97,787 crore, FSN E-Commerce Ventures Ltd's share was last trading at Rs 341 per share, up by 0.20 percent from its previous close. The stock of the company gave a return of 34 percent over the last year.
Q2 Business Update
Nykaa is expected to see strong growth in Q2 FY27, with Gross Merchandise Value growth near 30 percent, Net Sales Value growth in the early 30s, and revenue growth in the late 20s. The Beauty business is expected to grow in the late 20s,...
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