India's Honasa Consumer up after six days of loss as Norges buys stake
06/12/2023 08:31
** Shares of Honasa Consumer HONA.NS , parent of beauty
products firm Mamaearth, rise as much as 5.1% to 381.95 rupees
** If gains hold, stock set to end six-day losing run
** Norway sovereign fund Norges Bank on Tuesday bought 0.8%
stake in HONA per NSE bulk deal data
** Norges buys HONA shares at 378 rupees/shr – a 4% premium
to its last close of 363.40 rupees
** Around 1.4 mln shares change hands by 1:56 p.m. IST
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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