Three key reasons why Citi sees 27% upside in Mamaearth's parent shares
Written by: Planify
Published: 23 February 2024
Updated: 23 February 2024
1 min read
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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