ResultsNDTV Profit
Honasa Consumer shares jump over 5% on strong Q2 results
GreyOak summary
Honasa Consumer shares rallied over 5% after reporting an 87.2% surge in Q2 net profit to Rs 73 crore. Revenue grew 35.9% to Rs 731.18 crore, while EBITDA jumped 93.4%. Analysts raised estimates, though Citi maintained a Sell call due to valuation concerns.
What it affects
- Honasa ConsumerHONASAPositive +42
Shares jumped over 5%Rolling sentiment Positive +71
Source
Read the original at NDTV ProfitMore Honasa Consumer news
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