Honasa share price extends losses, slumps 18% to hit 52-week low on weak Q2 results
1 month ago

Honasa share price extends losses, slumps 18% to hit 52-week low on weak Q2 results

Live Mint  

Stock Market Today: Honasa share price extended losses in Tuesday's session to hit a fresh 52-week low as investors continued to offload the stock following weak Q2 results. Honasa share price today slumped 18% to hit the intraday low of ₹242.60 apiece on BSE. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Honasa share price has reacted negatively in the last two sessions post-bad results. The revenue for Q2 was ₹462 crore, showing approximately 6.9% growth, while revenue adjusted for inventory correction was ₹525 crore, reflecting a growth rate of 5.7%, according to Honasa Consumer's earnings statement.

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Honasa Consumer share price hits 10% upper circuit as co-founder raises stakes
2 weeks, 5 days ago

Honasa Consumer share price hits 10% upper circuit as co-founder raises stakes

Live Mint  

Stock Market Today: Mamaearth Patent company Honasa Consumer Ltd saw its share price rise 10% on Wednesday, to hit upper circuit during intraday trades. Honasa Consumer share price opened at ₹271.05 on the BSE on Wednesday, 3.5% higher that the previous closing price of ₹261.70. The Honasa Consumer share price thereafter rose to intraday highs of ₹287.85 marking gains of …

Honasa share price plunges 20% to 52-week low amid weak Q2 results
1 month ago

Honasa share price plunges 20% to 52-week low amid weak Q2 results

Live Mint  

Stock Market Today: Honasa Consumer share price slumped 20% to its 52-week low in Monday's trading session following the announcement of Q2 results. Honasa Consumer, the parent company of FMCG brands like Mamaearth and The Derma Co, announced a consolidated loss of ₹18.57 crore for the second quarter ending September 30, 2024, due to inventory adjustments. Additionally, Honasa Consumer share …

Explained: Why Honasa Consumer share price crashed 20% today
1 month ago

Explained: Why Honasa Consumer share price crashed 20% today

India Today  

Honasa Consumer shares crashed by 20% on November 18, hitting the lower circuit at Rs 297.25 on the National Stock Exchange. Emkay Global downgraded Honasa Consumer to a ‘sell’ from its earlier ‘buy’ recommendation, cutting the target price to Rs 300 from Rs 600. Jefferies, however, maintained a ‘buy’ rating, albeit with a reduced target price of Rs 425 per …

Honasa Consumer Q2 results 2024 on 15 Nov, 2024: loss at ₹18.57Cr, Revenue decreased by 6.91% YoY
1 month, 1 week ago

Honasa Consumer Q2 results 2024 on 15 Nov, 2024: loss at ₹18.57Cr, Revenue decreased by 6.91% YoY

Live Mint  

Honasa Consumer Q2 Results 2024:Honasa Consumer declared their Q2 results on 14 Nov, 2024, revealing a challenging quarter for the company. The topline revenue decreased by 6.91% year-over-year, and the company reported a loss of ₹18.57 crore, compared to a profit of ₹29.44 crore in the same period of the previous fiscal year. In the market, Honasa Consumer's stock has …

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