Honasa Consumer Limited (HCL) is a house of brands. Name of HCL brands are Mamaearth, The Derma Co., Aqualogica, Dr Sheth’s, Bblunt and Staze Beauty. HCL is set to become a billion-dollar FMCG conglomerate in the next 5 years. HCL brands supported by Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners.
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Honasa Consumer Limited Share Price
Honasa shares price tank 18% to hit an all-time low of inr 242.60. The shares price of Honasa Consumer that is parent company of Mamaearth. Continued their downward spiral on November 19, 2024. The stock plunged over 18%, hitting a 52-week low of ₹242.40. This sharp decline follows a 20% lower circuit on November 18. This triggered by weak Q2 FY25 results and mounting investor concerns. The company's market capitalization has dropped below $1 billion.
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Honasa Consumer Limited Valuation
Honasa Consumer Ltd has a market capitalisation of ₹ 9,608 Cr as on 18-Nov-2024.
Honasa Consumer Limited Founder
Ghazal Alagh and Varun Alagh are the co-founders of Honasa Consumer Pvt. Ltd. The parent company of popular brands like Mamaearth, The Derma Co., and Aqualogica.
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Conclusion - Honasa Consumer
Honasa Consumer Ltd. co-founded by Varun and Ghazal Alagh. They established itself as a major player in India's D2C market with flagship brands like Mamaearth. The company achieved a valuation of $1.07 billion during its IPO, reflecting strong investor confidence. However, its stock performance has faced challenges, with the share price recently hitting a 52-week low of ₹242.40, pushing its market capitalization below the $1 billion mark. As Honasa navigates market volatility and competition, the leadership of its visionary founders and its focus on innovation and product diversification remain critical for sustaining growth and long-term market relevance.
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