Nykaa rises 5% on Q3 update; JM Financial keeps it among top new-age bets

Quick Summary:

However, the brokerage’s market observations suggest that Nykaa likely gained market share amidst ongoing challenges in the online fashion space.

Nykaa, founded in 2012 by Falguni Nayar, is among the leading Indian e-commerce platforms specialising in beauty, wellness, and fashion products.

On the fashion front, Nykaa reported muted growth, with NSV increasing in the mid-teens.

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Category: BusinessFinance

Markets: India

Topics: BSE Sensex Falguni Nayar Sensex JM Financial Nykaa Nykaa target price Nykaa stocks Buzzing Stock Nykaa Stock Price Nykaa share price Nykaa stock levels Nykaa Shares JM Financial on Nykaa Nykaa BSE Nykaa stock price today Nifty Nykaa FSN E-Commerce Ventures NSE Nifty Indian Stock Markets NSE Nykaa share levels Nifty50 Markets Today

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Article Type: News Report

Published On: 2025-01-06 @ 12:34:01 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Copyright Owner: © Business Standard

News ID: 24912143

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