Mamaearth parent Honasa Consumer surges 9% after deal with Reliance Retail

Shares of Honasa Consumer, the parent of beauty and personal care products major Mamaearth, were in focus on Thursday as the stock surged over 9% to trade at an intraday high of ₹475 apiece on the BSE.

The stock has witnessed an upward trend and has rallied over 4% in a week and more than 7% in two weeks. The stock has given returns of 7.39% so far in 2024 (year-to-date).
Honasa Consumer Limited is the owner of Mamaearth, a fast-growing brand in the personal care and beauty products segment.