Honasa, Laxmi Dental rip up to 20% on Q4 beats; JM lifts Honasa TP to Rs 420
Honasa Consumer jumped 10.5% to Rs 397.65 as Q4 LTL EBITDA margin crossed 11%, Mamaearth grew mid-teens and younger brands surged 30% YoY. Laxmi Dental locked 20% upper circuit at Rs 248.90 after Q4 net profit rose 135.5% to Rs 10.08 cr on sales of Rs 72.18 cr (+19.5%). JM Financial reiterated BUY on Honasa, raising TP to Rs 420.
Honasa Consumer rose 10.5% to Rs 397.65 and Laxmi Dental hit 20% upper circuit at Rs 248.90 after strong Q4 results; JM lifts Honasa TP to Rs 420.
Business Today · Latest · 5/22/2026, 5:31:01 AM · Ask about this →