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Nykaa shares jump over 5% as Q2 NSV growth tops 30%; Goldman Sachs raises price target

CNBC-TV18 53 min ago·5 Oct 2026, 8:43 am

Goldman Sachs said investors had been somewhat concerned about a potential growth deceleration in the September quarter due to the shift in festive timing. Based on its recent conversations with investors, the brokerage said Nykaa's results were ahead of investor expectations, although broadly in line with its own estimates.

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Summary & analysis by DocStoX. Full story at CNBC-TV18.

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