Nykaa Q3 Results: Share Price Rises 4% to 1-Month High on Strong Performance, Brokerages Raise Target Price
ByAinvest
Friday, Feb 6, 2026 12:36 am ET1min read
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Nykaa's Q3 results show a 156% YoY net profit increase to ₹68 crore and a 27% YoY revenue growth to ₹2,837 crore. The stock price rose 4% to a one-month high, with brokerages upgrading the rating and raising target prices. Nomura upgraded to Buy from Neutral and raised its target to ₹305 from ₹262, citing strong reach, franchise, and investments in newer brands driving visibility.
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