Nykaa Shares Jump After Q1: Buy Now?

  • Nykaa's Q1 FY26 profit jumped 79%; shares rose over 5% to Rs 216.
  • Q1 total income rose to Rs 2,164.27 crore, driven by beauty vertical growth.
  • Nuvama maintains "Buy" rating, target Rs 235; forecasts 20% GMV growth.
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