{"id":286935,"date":"2026-10-05T12:59:40","date_gmt":"2026-10-05T07:29:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=286935"},"modified":"2026-10-05T12:59:40","modified_gmt":"2026-10-05T07:29:40","slug":"nykaa-share-price-q2-fy27-update-morgan-stanley-target","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nykaa-share-price-q2-fy27-update-morgan-stanley-target\/","title":{"rendered":"Nykaa Share Price Jumps 6% After a Strong Q2 FY27 Update: Late-Twenties Revenue Growth, Fashion Up Over 40%, Morgan Stanley’s Rs 356 Target and What Lies Ahead for Investors"},"content":{"rendered":"

Nykaa +6.1% to Rs 342.95 on 5 Oct. Q2 GMV near 30%, NSV early 30s, revenue late 20s. Fashion revenue early 40s. 338 stores. Morgan Stanley target Rs 356.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Nykaa share price jumped as much as 6.1% to Rs 342.95 on 5 October after its Q2 FY27 business update showed consolidated GMV growth close to 30%, net sales value growth in the early thirties and net revenue growth in the late twenties, even though festive demand shifted into Q3. Fashion was the standout, with net revenue up in the early forties and NSV in the late forties, while Beauty grew in the late twenties and the store count reached 338. Morgan Stanley kept an Overweight rating with a Rs 356 target, about 10% upside, and said revenue growth beat its 26% estimate. At about Rs 338 the stock trades at a steep multiple of earnings, so the full Q2 results on margins and profit matter as much as the growth numbers.<\/p>\n<\/p><\/div>\n

Nykaa share price rose as much as 6.1% to Rs 342.95 on 5 October, from a previous close of Rs 323.20, after FSN E-Commerce Ventures, the operator of Nykaa, released a provisional Q2 FY27 business update. The stock is now close to its 52-week high of about Rs 344.90.<\/p>\n

If you are searching for what lies ahead for Nykaa investors, this article covers the Nykaa Q2 update, the Nykaa target price from Morgan Stanley, GMV and NSV growth, Beauty and Fashion growth, House of Nykaa, like-for-like store sales, the Nike partnership, the festive shift into Q3, Q1 FY27 profit and EBITDA margin, valuation and the risks. The update is provisional, so recheck all figures against the final results.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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