Trading
New age - Platform - E-Retail
from 476 today
Honasa Consumer has moved away from a broad, launch-led D2C model with growth now centred on focus categories, hero SKUs and wider channel availability. We initiate coverage with a BUY rating and TP of Rs 635, valuing HONASA at 50x Sep'28E EPS.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.