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The Economic Times
The Economic Times
Debaroti Adhikary

Nykaa shares jump 8% to fresh 52-week high after unveiling FY30 roadmap; targets up to 3x revenue growth

Nykaa Falguni Nayar e-commerce

Shares of Nykaa parent FSN E-Commerce Ventures surged over 8% to a fresh 52-week high of Rs 303.75 on Thursday after the company unveiled its FY30 vision, cheering investors. The stock is also on course for its biggest single-day gain since early February.

Nykaa, in a press release after its Annual Investor Day 2026, said that it is aiming to become a beauty and lifestyle business worth more than $5 billion gross merchandise value (GMV) by FY30. The company aims to deliver 2-3x revenue growth, translating into 4-5x EBITDA growth (low to mid-teens EBITDA margin).

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