Honasa Consumer shares crash 20% post Q2; here’s why
Shares of Mamaearth's parent touched its 52-week low of ₹295.80 on the BSE today, falling below its IPO price of ₹324 per share
Shares of Mamaearth's parent touched its 52-week low of ₹295.80 on the BSE today, falling below its IPO price of ₹324 per share
The stock exchanges have lowered the daily circuit limit for Honasa from 20% to 10% in the backdrop of recent sharp movement in the share price.
Shares of Mamaearth parent, Honasa Consumer, have risen 30% against its IPO price of ₹324
Honasa Consumer IPO: The QIB quota was booked 11.5% times, while portions for NIIs and retail investors were subscribed 3.94 times and 1.15 times, respectively.
DECIEM co-founder & CEO Nicola Kilner says the company believes India will be one of its top three markets in the next 3-5 years.