Honasa Consumer Shares Drop 5% After Rs 643 Crore Block Deal
Honasa Consumer shares fell up to 5% following a block deal where 1.4 crore shares worth Rs 643 crore were traded. This deal occurred after the parent company Mamaearth reported a 116.5% year-on-year profit increase to Rs 90 crore in Q1 FY27. Honasa aims to reach Rs 5,500 crore revenue by FY31 and expand EBITDA margins to 15%.
ET Markets·4h ago



