Honasa Consumer Ltd.'s share price surged by over 17% to a six-month high following a 13.3% increase in revenue for the quarter ended March 31, 2025, reaching Rs 533.5 crore.
Despite a decline in earnings before interest, taxes, depreciation, and amortisation (Ebitda) and net profit, Honasa Consumer Ltd. outperformed Bloomberg's estimates, showcasing strong sales growth and profitability.
The share price of Honasa Consumer Ltd. rose by 16.91% to Rs 321.69 apiece, outperforming NSE Nifty 50's 0.69% advance, and showing a 23.11% decrease over the last 12 months.
According to Bloomberg data, out of 12 analysts tracking the company, six suggest 'buy', two recommend 'hold', and four suggest 'sell', with an average 12-month consensus price target implying a downside of 8.5%.