Antique Stock Broking initiates coverage on Mamaearth | Republic World

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Published 13:18 IST, April 1st 2024

Antique Stock Broking initiates coverage on Mamaearth

The firm has recommended a ‘hold’ stance on Honasa Consumer for target price of Rs 400, based on 60 times the estimated earnings for fiscal year 2026.

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Reported by: Abhishek Vasudev

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Mamaearth parent Honasa listing

Mamaearth founders Ghazal Alagh and Varun Alagh | Image: Mamaearth

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13:18 IST, April 1st 2024