Nykaa shares rise 3% as Q1 update signals nearly 30% revenue growth, GMV
Shares of FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, gained 3% to Rs 318 on the BSE on Monday after it projected nearly 30% year-on-year growth in consolidated net revenue for the June quarter, driven by a sharp improvement in its fashion business and sustained momentum in beauty. In its…