VERIFIEDET Markets·22 May 2026positive

Nykaa shares rally 4%, hit 52-week high after Q4. Here's what Goldman Sachs, Morgan Stanley are saying

AI Summary

·Nykaa shares rallied 4% to a 52-week high after reporting a 286% jump in net profit to Rs 78 crore for the March quarter.
·Revenue increased by 28% year-on-year, reaching the highest quarterly revenue in 12 quarters.
·Analysts maintain positive ratings, highlighting the company's growth momentum and AI initiatives.