ResultsEconomic Times
Honasa shares climb 5% as Jefferies raises target
Positive+40Company event
GreyOak summary
Honasa Consumer shares rose 5% after reporting an 86.7% YoY profit surge to Rs 73.25 crore in Q2 FY27. Revenue grew 35.9% to Rs 731.19 crore. Brokerage Jefferies raised its target price to Rs 700 with a 'Buy' rating, citing strong margins and operational leverage.
What it affects
- Honasa ConsumerHONASAPositive +40
Shares climbed 5% on strong Q2 earningsRolling sentiment Positive +71
Source
Read the original at Economic TimesMore Honasa Consumer news
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