Ferrari races along, relentlessly making more money. After improving profits, it raised its forecast for the year, and analysts expect bottom line health to continue.
Share prices of Coal India gained up to 4.1 % at the start of Mahurat trading session. Coal India had reported a strong performance during September quarter with 9.85% increase in revenue and a 12.51% increase in profit year-over-year.
"Honasa, better known through its flagship brand Mamaearth , enjoys a significant moat as a scaled-up internet-first franchise," said the brokerage s analysts Vivek Maheshwari, Kunal Shah and Jithin John in a note to clients. "The company has been able to transform itself into a house of brands with 33% of revenue now from newer brands."
"Honasa should report industry-leading growth at 27% over the next 3 years. We value at 6x Sep-25 EV/sales (at a discount to HPC peers; implies 67x FY26 PE) to arrive at a price target of Rs 520," Jefferies said, while calling it a high conviction buy.