Nykaa Share Price: Strong Growth, Better Margins & Why Experts See More Upside

Nykaa has reported strong business momentum, with robust growth across its beauty and fashion segments ahead of the June quarter results. Gaurav Sharma, Associate VP & Head of Research, Globe Capital, believes the company has successfully rebuilt investor confidence after a volatile post-listing phase. He highlights improving sales, resilient margins, expanding private-label offerings, and strong traction in the fashion business as key growth drivers. According to him, if the current momentum continues, Nykaa could see further upside in the coming quarters. Watch the full analysis to understand whether Nykaa's turnaround story still has room to grow.