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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 shares jump 6% after co aims to triple revenue by FY30; check other targets
Nykaa said it is targeting gross merchandise value (GMV) of over ₹500 crore across its Beauty and Fashion businesses by FY30, led by strong expansion across categories and channels.
Nykaa Unveils Big FY30 Targets: $5 Billion GMV, 5x EBITDA Growth, Tier-3 Expansion
At its investor day, Nykaa said it aims to become a $5 billion-plus gross merchandise value (GMV) platform by FY30, representing roughly 2.5-3 times its current scale.
India's m-cap tops $5 trillion, climbs back into global top six
India's stock market value has crossed the $5 trillion mark. This surge has placed India back in the sixth position globally. The rebound follows a peace deal between the US and Iran. This development has boosted investor confidence. India's market capitalization now stands at over $5 trillion. This is an increase from its previous value.
Cloudnine's 25% stake sale attracts top global PE firms
Leading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and paediatric hospital chain. The deal is expected to value the company at approximately $1.2 billion. This strategic move will see existing investor True North exit, while other shareholders are likely to retain their positions.
Kilburn Engineering gains on bagging Rs 70-cr order from Switzerland's Casale SA
Kilburn Engineering rose 1.60% to Rs 478 after it has secured its first orders from Casale SA, Switzerland, with an aggregate value of approximately Rs 70.2 crore, marking its entry into the global technology licensor's qualified supplier network.
Eternal, Sobha among 11 stocks FIIs cut stake for 8 quarters in a row
Shareholding data shows that FIIs reduced equity holdings in 11 stocks from Nifty 500 in every single quarter after March 2024. List includes PNB Housing Finance, Eternal and Cyient among others.
Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom
Sterlite Technologies, a Vedanta-backed optical fibre manufacturer, has witnessed an extraordinary 500% surge in its stock value in 2026, driven by the global AI boom. This rally is fueled by the escalating demand for high-speed connectivity infrastructure, particularly for data centers.
HCLTech’s Sarvam bet signals start of India’s AI growth story: Mayuresh Joshi
Mayuresh Joshi, Director of Research at Marketsmith India, said Sarvam's enterprise and agentic AI capabilities can simplify workflows, making HCLTech's investment a strategic move that could prompt more IT firms to pursue similar deals. He expects such investments to create long-term value as AI adoption rises. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
RIL AGM 2026 this week: Date, time, where to watch live and what to expect
Reliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's expansion plans and progress in its new energy business. Markets will also closely watch Chairman Mukesh Ambani's commentary on growth strategy and future value creation.
DIIs raised stake in these 34 stocks for 8 consecutive quarters; full list
Domestic Institutional Investors have increased stake in 34 Nifty 500 stocks such as - Adani Power, Paytm and Eternal among others - quarter-after-quarter after March 2024, shows shareholding data.
Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle India
Markets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support and reclaimed 23,500, with potential for further gains. Several stocks like Dr Reddy's, Adani Green, and JSW Energy are in focus due to significant corporate developments.