Nykaa shares jump 8% to fresh 52-week high after unveiling FY30 roadmap; targets up to 3x revenue growth

FSN E-Commerce Ventures, the parent of Nykaa, saw its shares surge over 8% to a fresh 52-week high after unveiling an ambitious FY30 vision. The company aims to achieve a $5 billion gross merchandise value and targets revenue growth of up to 3x, driven by disciplined execution and capital-efficient investments.