Honasa/Mamaearth
Ask about this →0 mentions · last seen 6/5/2026
Signals
Brokerages split on consumer plays: ITC neutral, Nykaa & Honasa buy, LG India overweight
Goldman flags cigarette tax drag on ITC (TP Rs 330) even as FMCG grows 15% YoY. Jefferies backs Nykaa (TP Rs 350) on >25% beauty growth; CLSA outperform on Honasa (TP Rs 434) as Mamaearth turnaround builds with revenue +23% YoY. Morgan Stanley overweight LG India (TP Rs 1,726) on premiumization.
Times of India · Business · 5/25/2026, 2:43:33 AM