Nykaa dips 2% after high; analysts eye ₹325 target
Shares of Nykaa dipped close to 2% on Wednesday, cooling off after hitting a one-year high earlier in the week. Its recent business update showed continued growth across its beauty and fashion businesses. Analyst Mayank Chandel said the stock remains strong above ₹245, with improving volumes and sentiment indicating a potential move toward ₹325.