India's Mamaearth parent Honasa Consumer up nearly 19% on Q2 profit jump

Honasa Consumer

23/11/2023 04:24

** Shares of Mamaearth parent Honasa Consumer  HONA.NS  rise
as much as 18.5% to a record high of 418.40 rupees
    ** Stock marks record intraday pct gain
    ** Beauty-and-personal care products maker reports 73.2% Y/Y
jump in Q2 consolidated net profit, while rev from ops up nearly
21% Y/Y 
    ** Sales volume in Q2 grew 27% Y/Y, co said
    ** More than 6.1 mln shares change hands by 9:47 a.m. IST,
1x of 30-day avg    
    ** Stock, which listed earlier this month, has gained 24.4%
so far 



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))