Market move▲ Strongly bullish for Nykaa
Nykaa signals strong Q2 growth across Beauty and Fashion; shares rise up to 6.1%
The brief
- Beauty net sales value and net revenue growth are expected in the late 30s
- Shares rose as much as 6.1% to an intraday high of ₹342.95
- Strong momentum supports sentiment on Nykaa’s growth and margins ahead of results