Results▲ Bullish for Nykaa
Nykaa shares jump over 5% as Q2 NSV growth tops 30%; Goldman Sachs raises price target
The brief
- Nykaa shares rose over 5% as Q2 NSV growth topped 30%
- Goldman Sachs raised its price target, citing investor concern about a possible September-quarter growth slowdown
- Stronger sales growth is positive for Nykaa and Indian e-commerce sentiment
- Stocks making the biggest moves midday: Bajaj Finance, HCLTech, Nykaa, DMart and more
- Nykaa shares jump 5.5%, Avenue Supermarts slips after Q2 updates; key takeaways for festive season
- Stock Picks Today: IndiGo, Nykaa, ITC, Bajaj Finance, DMart And More On Brokerages' Radar
- Nykaa expects net revenue growth in late twenties in Q2
- Festive cheer shifts beyond metros as consumer brands bet big on small-town India
Nykaa signals strong Q2 growth across Beauty and Fashion; shares rise up to 6.1%
Monday, 5 October
- Nykaa shares jump over 5% as Q2 NSV growth tops 30%; Goldman Sachs raises price target