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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 care brands, wider distribution and improving profitability.Revenue from operations increased 35.9% to …

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Economic TimesLean R·2h ago
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 care brands, wider distribution and improving profitability.Revenue from operations increased 35.9% to …
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Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?

How 1 sources are covering this

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

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