Honasa Consumer Shares Surge 12% After Strong Q4 Results, Signals Recovery Post D2C Shift

Honasa Consumer Ltd., owner of Mamaearth, saw its stock jump 12% on May 23 following strong Q4 results announced the previous day. Revenue rose 13% YoY to ₹533.5 crore, indicating recovery after a shift to a direct-to-consumer model under Project 'Neev.' The stock hit an intraday high of ₹314 on the NSE, continuing a two-day rally of over 15%. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor