Announced Thu, 10 Sept, 2026 · 14:33 IST
Recode Studios enters quick-commerce via Nykaa Now and Nykaa Superstore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.1%1-day move
₹347.00
prior close
₹354.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—-0.3+0.3+2.6+9.1+9.5+6.6+2.6+3.7+14.4+23.2———
Up moveDown movePending
AI summary
Recode Studios entered quick-commerce via Nykaa Now 60-minute delivery across top 7 cities, plus Nykaa Superstore B2B platform for Tier 2 and 3 cities. No extra investment needed as existing supply chain handles fulfilment. The company offers over 350 SKUs in beauty and personal care. Management targets around 50% revenue growth in FY27 and beyond through capital-efficient omnichannel expansion.
Likely market impact
Positive - new distribution channels widen reach with no incremental capex, supporting the 50% FY27 revenue growth target.