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.
Timeline
Tuesday, 6 October
- Honasa surges 8% after flagging strong Q2 revenue, margin improvement
Honasa Consumer shares rose 8.17% to ₹478.20 on the NSE
- Honasa shares jump as company signals double-digit Q2 operating margin
Mamaearth growth is expected in the high teens in Q2
- Honasa expects Q2 sales growth in early thirties, shares rally
Q2 FY27 net sales growth expected in the early thirties
Monday, 28 September
- Honasa Consumer shares fall after ₹643 crore block deal; investors linked to Peak XV may sell
About 1.4 crore shares worth ₹643.4 crore changed hands in the block deal
