Nykaa Shares Jump 5% After Strong Earnings Report | Stock Market News

Zee Business Video Team | Updated: February 7, 2024 01:51 PM IST

FSN E-Commerce Ventures, parent company of Nykaa, reports robust earnings for Q4 FY23, driving net profit up by 106%. Nykaa's shares rise 5% on NSE, buoyed by strong demand and revenue growth. Analysts foresee potential margin challenges but remain optimistic about future prospects.



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