ResultsBusiness Standard
Honasa Consumer shares gain 5% on broker target hike
Positive+40Company event
GreyOak summary
Honasa Consumer shares rose 5.07% to Rs 493.90 following record Q2 FY27 results. Revenue grew 36% YoY to Rs 731 crore, while PAT jumped 87% to Rs 74 crore. Brokerages Jefferies and Emkay raised their target prices and earnings estimates, citing strong profitability and margin expansion.
What it affects
- Honasa ConsumerHONASAPositive +40
Shares rose 5% on raised targetsRolling sentiment Positive +71
Source
Read the original at Business StandardMore Honasa Consumer news
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