Mamaearth's parent, Honasa Consumer, reports over 3x increase in profit for Q3; shares surge

Shares Honasa Consumer, the parent company of Mamaearth, gained over 4 percent in morning deals on Monday (February 12), continuing a winning streak for the second consecutive session and touching an intra-day high of Rs 474.35 apiece. The stock soared after the beauty and personal care company's Q3 profit more than tripled.