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Broker call▲ Bullish for Honasa Consumer
Honasa Consumer In Focus As HDFC Securities Remains Bullish On Growth Visibility — Check Target Price
The brief
- HDFC Securities is bullish on Honasa Consumer’s growth visibility
- Distributor checks highlight offline execution as central to the next growth phase
- Honasa’s growth outlook matters to investors in Indian consumer-goods stocks
- Honasa shares fall as ₹643 crore block deal moves 4.4% of equity
- Honasa block deal sees shares fall as early sale plans give way to ₹643 crore trade