Nykaa jumps 5% while DMart falls after Q2 updates

Nykaa shares rose over 5% after it projected consolidated Q2 GMV growth near 30% and net revenue growth in the late twenties. Its store count reached 338 after 14 net additions. Meanwhile, DMart operator Avenue Supermarts fell over 3% despite standalone Q2 revenue rising 18.4% YoY to ₹19,206.18 crore.