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Nykaa shares jump 8% to fresh 52-week high after unveiling FY30 roadmap; targets up to 3x revenue growth
Nykaa's parent company, FSN E-Commerce Ventures, saw its shares surge over 8% to a 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion gross merchandise value, driven by disciplined execution and capital-efficient investments.
Nykaa unveils 'FY30 vision'; stock jumps 7%, hits 4-yr high on huge volume
Nykaa today unveiled its 'FY30 vision', outlining its ambition to become a $5bn+ beauty and lifestyle business and accelerating its role in shaping India's next decade of consumption growth.
Stock Alert: Wipro, Krishna Institute of Medical Sciences, Prime Focus, Nykaa
Shares of Kaynes Technology India are banned from F&O trading on 17 June 2026.
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa
Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets.
Stocks to Watch for May 22: LIC, ITC, Max Health, Nykaa, Tata Steel and more
From ITC reporting a 5% year-on-year increase in consolidated net profit to Sun TV Network reporting a subdued set of fourth-quarter earnings, here are some stocks to track ahead of Friday's trading session.
Buy, Sell Or Hold: Nykaa, HAL, Kalyan Jewellers, Power Grid Corp, And Tata Technologies — Ask Profit
Experts shared buy, sell and hold recommendations on NDTV Profit's 'Ask Profit' show.
Zee Entertainment sues Nykaa for using its songs in Instagram reels without licence
Zee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission. Nykaa's lawyers argue that Instagram's music licensing covers such usage. The company has removed the disputed reels. This case highlights ongoing challenges in music copyright compliance within India's commercial landscape.
Zee sues Nykaa over alleged copyright misuse of songs on Instagram reels
Zee Entertainment has filed a lawsuit against Nykaa. The company alleges Nykaa used its copyrighted songs in Instagram reels to promote products. Zee is seeking damages of $210,000. Nykaa's lawyer informed the court that the disputed links have been removed. The case will be heard again on May 26.
Charlotte Tilbury opens first India flagship store in New Delhi operated by Nykaa
Charlotte Tilbury opens first India flagship at Nexus Select Citywalk New Delhi, fully operated by Nykaa, deepening their partnership in Indias booming premium beauty market.