Bengaluru, May 23 -- Honasa Consumer, the Owner of the Mamaearth brand, is in focus after it reported its Q4 results with muted Net Profit growth, However, the stock hit the 20 percent Upper Circuit mark. Check out why?
With a market capitalisation of Rs. 10,747 Crore, the stock of Honasa Consumer opened at Rs. 282.95, up 2.72 percent from yesterday's close, and after opening, it made a high of Rs. 330.50, hitting the 20 percent Upper Circuit Mark. Additionally, since listing the Stock has only given a return of 1.92 percent.
Financial & Business Highlights
The company reported a 12.17 percent YoY increase in revenue from Rs. 427 Crore in Q4FY24 to Rs. 479 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 1.69 percent...
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