HONASA Surges 10% After Strong Q4 Earnings Beat

$HONASA continued its strong upward momentum on 22 May, extending gains for the fourth consecutive trading session. The stock surged nearly 10% in morning trade after the company reported impressive Q4 results. Honasa Consumer posted a sharp 177% year-on-year jump in consolidated profit to ₹69.2 crore compared to ₹25 crore in the same quarter last year. Revenue also recorded healthy growth of 23.1%, rising to ₹657 crore against ₹533.6 crore a year ago. The robust earnings performance and positive investor sentiment boosted buying interest, driving the stock significantly higher during today’s session. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.