Indian skincare firm Mamaearth up 1.9% in pre-open debut trade

Honasa Consumer

07/11/2023 04:19

BENGALURU, Nov 7 (Reuters) - Shares of Honasa Consumer
 HONA.NS , the parent of Indian skincare firm Mamaearth, were
1.9% higher in pre-open trading debut on Tuesday, valuing the
startup at 106.18 billion rupees ($1.28 billion).
    The stock was at 330 rupees in pre-open trade, compared with
its initial public offer (IPO) price of 324 rupees.
    The benchmark Nifty 50 index  .NSEI  was down 0.2%.
    
($1 = 83.2500 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru; Editing by Sohini
Goswami)
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