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Nykaa Shares Jump on Strong Q2 Update

FSN E-Commerce Ventures Ltd, the operator of Nykaa, saw its shares climb over 6% after indicating robust growth across its Beauty and Fashion segments for the September quarter. The company anticipates consolidated net revenue growth in the late twenties.

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Shares of FSN E-Commerce Ventures Ltd, which operates Nykaa, rose more than 6% on Monday, Oct. 5, after the company pointed to strong growth across its Beauty and Fashion businesses in the September quarter. The company said it expects consolidated net revenue growth in the late twenti…