Nykaa stock nears 52-week high: Will the rally continue? Here's what brokerages say

FSN E-Commerce Ventures, parent of Nykaa, has seen a stock surge of nearly 70% over two years, closing recently at ₹209.85. The company has launched Nykaa Now and plans ambitious growth targets, with cautious brokerage views on its fashion segment but optimism for beauty products.

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