ICICI Securities sees 32% upside in Honasa, sets Rs 550 target on structural recovery
Brokerage retains Buy on Mamaearth parent Honasa Consumer, citing the flagship's return to teen growth, Derma Co's scalability, improving offline execution, and white-space bets in nutraceuticals, oral beauty and men's grooming.
ICICI Securities retains Buy on Honasa Consumer with Rs 550 target (32% upside), citing Mamaearth's return to teen growth, Derma Co scalability, improving offline execution, and emerging opportunities in nutraceuticals, oral beauty and men's grooming.