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VERIFIEDET Stocks·positive
Nykaa shares jump 8% to fresh 52-week high after unveiling FY30 roadmap; targets up to 3x revenue growth
AI Summary
- ·Nykaa's parent company, FSN E-Commerce Ventures, experienced an over 8% increase in its share price, reaching a 52-week high.
- ·The company has announced its FY30 vision, targeting a gross merchandise value of $5 billion.
- ·This growth is planned to be achieved through disciplined execution and capital-efficient investments.