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Mamaearth Hits 20% Upper Circuit On Strong Q2 Results; Jefferies Predicts 52% Upside

Honasa Consumer Share Price: Mamaearth and Honasa Consumer reveal Q2 results, causing a 20% rise in share prices. Explore the details of net profit and Jefferies 52% upside prediction.

Honasa Consumer share price 20 per cent upper circuit Q2FY24 results net profit doubles to Rs 30 crore

At around 10:25 am, shares of Honasa Consumer were up 19.99 per cent at Rs 423.75 apiece on the National Stock Exchange (NSE). This marked a massive turnaround for the company, which made a weak market debut after its initial public offering (IPO).

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