Market move▲ Bullish for Honasa Consumer
Honasa shares jump as company signals double-digit Q2 operating margin
The brief
- Mamaearth growth is expected in the high teens in Q2
- Honasa shares rose as much as 12% in trading
- Improving margins and brand growth expectations matter to Honasa shareholders
- Stock ideas for today: Kotak Sec is bullish on HAL & one more stock
- ETSA 2026: Consumer brands poised for bigger exits as strategic acquisitions pick up: Sauce’s Manu Chandra
- Institutional investors pick up Honasa shares in ₹643-crore block deal, shares in red
- BSE sees ₹2,186-cr bulk sell trades; AXISCADES, Honasa also see big deals
Honasa Consumer’s Q2 outlook and share rally
After 1.4 crore Honasa Consumer shares worth ₹643.4 crore changed hands in a September block deal, the stock rallied in October. The company projected robust Q2 performance and improving EBITDA margins; its shares had gained over 61% in six months.
Tuesday, 6 October
- Honasa shares jump as company signals double-digit Q2 operating margin