Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?

Shares of Mamaearth parent Honasa rallied as much as 5% to their day’s low of Rs 494 on the BSE on Monday after the company reported a strong set of earnings for the second quarter of FY27. The company reported an 86.7% year-on-year (YoY) rise in consolidated net profit to Rs 73.25 crore for the September quarter on Friday, November 6, supported by strong demand across its beauty and personal…

First reported by The Economic Times 1 hr ago1 source

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The Economic Times05:391 hr ago
Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish? (opens The Economic Times in a new tab)
Shares of Mamaearth parent Honasa rallied as much as 5% to their day’s low of Rs 494 on the BSE on Monday after the company reported a strong set of earnings for the second quarter of FY27. The company reported an 86.7% year-on-year (YoY) rise in consolidated…

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