India, Nov. 10 -- Shares of beauty ecommerce major Nykaa surged as much as 7.8% to INR 265.30 during the intraday trading on the BSE today after the company reported strong Q2 FY26 numbers post market hours on Friday (November 7).

Nykaa's consolidated net profit zoomed 166% YoY and 35% QoQ to INR 33 Cr in Q2 FY26, while operating revenue surged 25% YoY and 9% QoQ to INR 2,346 Cr.

At 12:05 IST,the stock was trading 6.5% higher at INR 261.95 on the BSE. The company's market capitalisation stood at INR 74,959 Cr (about $8.5 Bn).

Brokerages gave a mixed reaction to Nykaa's Q2 numbers. While Morgan Stanley maintained its 'overweight' rating and raised target price to INR 271, CLSA retained its 'outperform' stance and increased the target pr...