Honasa Shares Jump Over 8% On Strong Q2 Growth Outlook
India, Oct. 6 -- Shares of Mamaearth parent Honasa Consumer jumped as much as 8.2% to Rs.478.20 on the BSE in early trade, after the beauty and personal care (BPC) company issued a strong business update for Q2 FY27.
At 10:03 IST, the stock was trading 6.9% higher at Rs.472.35. The company's market capitalisation stood at Rs.15,368 Cr (about $1.6 Bn)
In an exchange filing, Honasa said it expects net sales value (NSV) growth in the low thirties on a YoY basis for the quarter ended September 2026, supported by growth across its focus categories and brands.
The company also expects a low double-digit operating margin, with strong YoY improvement, as it works towards expanding its EBITDA margin.
Its flagship brand Mamaearth is expected to...
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