HDFC Securities maintained its Buy rating on Honasa Consumer, setting a target price of ₹550. The brokerage cited growth at Mamaearth and The Derma Co., expanding offline reach, and the potential of younger brands. 
HDFC Securities maintained its Buy rating on Honasa Consumer, setting a target price of ₹550. The brokerage cited growth at Mamaearth and The Derma Co., expanding offline reach, and the potential of younger brands. 
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