Honasa Shares Slump 5% In Morning Trade

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SUMMARY

The stock recouped some of its losses and was trading 3% lower later at 11:12 AM

Honasa reported a flat profit in the third quarter of the fiscal year 2024-25 (Q3 FY25)

The company’s operating revenue rose 6% to INR 517.51 Cr during the quarter under review from INR 488.22 Cr in Q3 FY24 

Shares of Mamaearth parent Honasa Consumer slipped 5% to INR 219.55 during the early trading hours on Friday (February 14), a day after the stock surged 9%

The stock recouped some of its losses and was trading 3% lower later at…



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Honasa Shares Slump 5% In Morning Trade


SUMMARY

The stock recouped some of its losses and was trading 3% lower later at 11:12 AM

Honasa reported a flat profit in the third quarter of the fiscal year 2024-25 (Q3 FY25)

The company’s operating revenue rose 6% to INR 517.51 Cr during the quarter under review from INR 488.22 Cr in Q3 FY24 

Shares of Mamaearth parent Honasa Consumer slipped 5% to INR 219.55 during the early trading hours on Friday (February 14), a day after the stock surged 9%

The stock recouped some of its losses and was trading 3% lower later at…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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