ICICI Securities initiates coverage on this beauty and personal care brand
Mon, Apr 29, 2024 4:54 PM

ICICI Securities initiates coverage on this beauty and personal care brand

A Flip by Riya Sharma
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Brokerage firm ICICI Securities has initiated coverage on Mamaearth's parent company Honasa Consumer, recommending a buy call. The brokerage firm has released a target price of ₹550 per share, suggesting a potential increase of 28 percent from the present levels.Mamaearth, the flagship brand of Honasa Consumer, has established itself as one of India's fastest-growing BPC brands.

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