Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?

Shares of Mamaearth parent Honasa rallied as much as 5% to their day’s low of Rs 494 on the BSE on Monday after the company reported a strong set of earnings for the second quarter of FY27. The company reported an 86.7% year-on-year (YoY) r