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Company updateFinancial Express

Can Derma Co unlock 45% upside in Honasa Consumer? Jefferies outlines 5 growth drivers

Positive+5

GreyOak summary

Jefferies raised its price target for Honasa Consumer to Rs 700, implying 45% upside, and retained a 'Buy' rating. The firm cited 36% year-on-year revenue growth driven by volume and improved EBITDA margins of 12.7%.

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