Positive impactCompany
Honasa Consumer shares: 54% up in 6 months; target price ₹550 as Mamaearth stock gets BUY rating from HDFC Securities
Mint 1 hr ago·8 Oct 2026, 5:39 pm
Honasa Consumer, the parent company of Mamaearth, has delivered a strong performance recently, with its shares surging approximately 54% over the past six months. This rally has attracted significant attention from brokerage firms, including HDFC Securities, which has upgraded the stock to a 'Buy' recommendation. The firm has set a target price of ₹550, indicating confidence in the company's future growth trajectory.
For investors, this rating signals that the brokerage views Honasa as a strong contender in the direct-to-consumer (DTC) space. The positive outlook is primarily driven by the robust growth of its core brands, Mamaearth and The Derma Co., alongside the successful expansion of its offline retail presence. This strategy helps the company reach a wider audience beyond online channels.
Moving forward, the key factor to watch will be the execution of this offline expansion and the performance of the company's newer, younger brands. While the current momentum is encouraging, investors should keep an eye on how these factors influence the stock's ability to sustain its growth and reach the broker's target price.
Excerpt from Mint
HDFC Securities maintained its Buy rating on Honasa Consumer, setting a target price of ₹ 550. The brokerage cited growth at Mamaearth and The Derma Co., expanding offline reach, and the potential of younger brands. Domestic brokerage firm HDFC Securities, in its latest report, has maintained its ‘Buy’ rating on…Read the original at Mint
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Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Honasa Consumer (HONASA).
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update for Honasa Consumer. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
