Nykaa Shares Jump 6% On Strong Q2 FY27 Growth Outlook

Shares of Nykaa surged as much as 6.1% to hit an intraday high of ₹342.95 apiece on the BSE after the beauty and fashion ecommerce major flagged strong business momentum in its Q2 FY27 update. At 10:40 IST, the stock was trading 4.4% higher at ₹337.55 apiece as investors booked some profits. At the current price, Nykaa’s market capitalisation stood at ₹96,684.2 Cr (about $10 Bn) The rally came after Nykaa, in an exchange filing, said its consolidated gross merchandise value (GMV) growth is expec