Honasa share price declines 20% following weak Q2 results

Quick Summary:

Honasa is also the parent company of popular brands like The Derma Co, Aqualogica, Dr Sheth’s, and BBlunt.

Additionally, this fall in share price brings its lower than the IPO issue price of Rs 324 when it got listed on November 7, 2023 .

Also, Honasa Consumer saw certain growth challenges in its flagship brand Mamaearth with a dip in sales.

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Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: India

Topics: Terms Privacy Company Honasa Policy Second Price Crore Consumer Quarter Share

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 05:30:07 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 273 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 18 words per sentence (average)

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News ID: 23649630

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