Honasa Consumer Shares Surge 10% on Q2 Growth and Margin Outlook
Honasa Consumer's shares rose by up to 10% on Tuesday, continuing a two-day upward trend. The company cited strong growth in its offline operations, particularly in general and modern trade, as the driver for this performance. The personal care company indicated expectations for robust expansion in these channels.
Shares of Honasa Consumer rose as much as 10 per cent on Tuesday, extending gains for a second straight session after the personal care company indicated growth is being led by its offline operations. The company said both general trade and modern trade are expected to post strong growth.