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Friday, 13 November 2026 IST

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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…

Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?
Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish? — image via Economic Times — Credit: Economic Times

Attributed summary

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…

Read the original report — Economic Times

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