Synopsis:
Nykaa’s shares surged nearly 4 percent to a 52-week high at Rs. 266 on BSE after a large block deal involving 14.1 lakh equity shares, with parties undisclosed.
During Tuesday’s trading session, shares of a digitally native consumer technology platform with a diverse portfolio of beauty, personal care, and fashion products surged nearly 4 percent to hit a record high on the stock exchanges. What triggered this significant jump? Let’s explore the details in this article.
At 03:14 p.m., the shares of FSN E-Commerce Ventures Limited were trading in the green at Rs. 262.75 on BSE, up by around 3 percent, as against its previous closing price of Rs. 255.55, with a market cap of Rs. 75,180 crores. The stock has delivered positive returns of nearly 36 percent in the last one year, and has gained by over 6 percent in the last one month.
What’s the News
Shares of FSN E-Commerce Ventures Limited (Nykaa) surged nearly 4 percent to touch a new 52-week high of Rs. 266 on the BSE today, following a large block deal. According to exchange data, around 14.1 lakh equity shares changed hands in the transaction. However, the identities of the buyers and sellers involved are still unknown.
Over the past two trading sessions, Nykaa’s shares have rallied by nearly 11 percent, following the company’s Q2 FY26 business update, which signalled sustained growth momentum across both its beauty and fashion verticals.
In its quarterly update, the company reported an accelerated momentum in consolidated GMV growth during Q2 FY26, expected to be in the high twenties to around 30 percent range, compared to mid-twenties growth seen in recent quarters. This superior performance is strongly driven by a revival in the Fashion segment and healthy growth in the Beauty vertical.
Further, Nykaa’s Nykaa’s Beauty business is projected to deliver Net Sales Value (NSV) and Net Revenue growth in the mid-twenties, marking over 10 consecutive quarters of consistent performance. Its House of Nykaa brands continue to expand rapidly, fueled by the strong traction of acquired brands such as Dot & Key, alongside robust contributions from homegrown labels like Kay Beauty and Nykaa Cosmetics.
Financials & more
Nykaa reported a significant growth in its revenue from operations, showing a year-on-year increase of around 23 percent from Rs. 1,746 crores in Q1 FY25 to Rs. 2,155 crores in Q1 FY26. Likewise, its net profit increased during the same period from Rs. 14 crores to Rs. 24 crores, representing an impressive rise of over 71 percent YoY.
FSN E-Commerce Ventures Limited (Nykaa), India’s leading omnichannel beauty and lifestyle retailer, is engaged in the business of manufacturing, selling & distribution of beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments on the online platforms or websites such as e-commerce, m-commerce, internet, intranet, as well as through physical stores, stalls, general trade and modern trade.
Written by Shivani Singh
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