Three key reasons why Citi sees 27% upside in Mamaearth's parent shares
23 February 2024
Shares of Honasa Consumer Care, the parent company of Mamaearth, hogged the limelight today (February 23) after Citi, the global brokerage, initiated the coverage on the stock with a buy rating. The target price has been set at Rs 550, implying a potential upside of around 27 per cent from Thursday's closing level.
Shares of Honasa Consumer Care, the parent company of Mamaearth, hogged the limelight today (February 23) after Citi, the global brokerage, initiated the coverage on the stock with a buy rating. The target price has been set at Rs 550, implying a potential upside of around 27 per cent from Thursday's closing level.
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