Honasa Consumer Ltd Share Price – NSE  / BSE

Trading, Small Cap

Honasa Consumer will hold a meeting of the Board of Directors of the Company on 14 November 2024.

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Mamaearth has partnered with Meesho. This collaboration is set to make high-quality personal care products more accessible to deep penetrated regions and drive growth in emerging regions.

As Tier 3 and beyond markets emerge as key drivers for e-commerce, Mamaearth aims to tap into the growing demand for premium, natural, and toxin-free personal care products through Meesho's vast network, particularly in smaller towns and semi-urban areas. It also aligns with Mamaearth's strategy to explore untapped markets and drive revenue growth from regional areas and will further solidify Mamaearth's position as a trusted leader in the beauty and personal care category. The brand experienced a fivefold growth during the Meesho sale period. Mamaearth now aims to reach 100 crore ARR in the coming 12 months on Meesho.

Through Meesho's extensive reach, Mamaearth has been able to penetrate deeper markets across Bharat, reaching customers in areas such as Belgaum (Karnataka), Kashipur (Uttarakhand), Bokaro (Jharkhand), Sivakasi (Tamil Nadu) and Kushinagar (Uttar Pradesh). The e-commerce platform's ability to connect brands with a larger and more diverse customer base has played a vital role in Mamaearth's success, bringing their trusted skincare products to even the most remote regions.

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Mamaearth announced its presence in Canteen Stores Department (CSD) under the Ministry of Defence, across India. This collaboration represents a key milestone in the brand's expansion strategy, allowing it to connect with a broader audience and meet the distinct needs of consumers nationwide.

With a deep understanding of the consumer landscape and a commitment to making toxin-free products accessible to all, Mamaearth identified a gap in the CSD channel and took decisive steps to fill it. The brand's entry into CSD has been a crucial growth driver, contributing to its robust offline presence across India.

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FDC Ltd, Granules India Ltd, JBM Auto Ltd, Syrma SGS Technology Ltd are among the other stocks to see a surge in volumes on NSE today, 12 September 2024.

Honasa Consumer Ltd registered volume of 489.17 lakh shares by 14:14 IST on NSE, a 27.25 fold spurt over two-week average daily volume of 17.95 lakh shares. The stock slipped 5.37% to Rs.493.95. Volumes stood at 10.57 lakh shares in the last session.

FDC Ltd clocked volume of 191.09 lakh shares by 14:14 IST on NSE, a 26.22 times surge over two-week average daily volume of 7.29 lakh shares. The stock gained 8.08% to Rs.624.80. Volumes stood at 5.52 lakh shares in the last session.

Granules India Ltd recorded volume of 320.93 lakh shares by 14:14 IST on NSE, a 11.81 times surge over two-week average daily volume of 27.18 lakh shares. The stock lost 15.87% to Rs.569.30. Volumes stood at 16.02 lakh shares in the last session.

JBM Auto Ltd recorded volume of 12.53 lakh shares by 14:14 IST on NSE, a 8.97 times surge over two-week average daily volume of 1.40 lakh shares. The stock gained 4.30% to Rs.2,009.00. Volumes stood at 4.21 lakh shares in the last session.

Syrma SGS Technology Ltd registered volume of 20.43 lakh shares by 14:14 IST on NSE, a 8.58 fold spurt over two-week average daily volume of 2.38 lakh shares. The stock rose 8.57% to Rs.455.55. Volumes stood at 1.33 lakh shares in the last session.

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