Honasa Consumer Promoter Buys ₹50 Cr Shares, Boosts Stake Amid Strong Q3

Business
M
Moneycontrol•29-12-2025, 18:16
Honasa Consumer Promoter Buys ₹50 Cr Shares, Boosts Stake Amid Strong Q3
- •Honasa Consumer Ltd promoter Varun Alagh acquired 18.52 lakh shares worth ₹50 crore via a block deal.
- •The purchase on December 29, 2025, at ₹270 per share, increased Alagh's stake to 32.45%.
- •The promoter and promoter group's total stake in Honasa Consumer now stands at 35.54%.
- •Company reported a net profit of ₹39.2 crore in Q3, reversing last year's loss, with revenue up 16.5%.
- •Share price closed at ₹276.20, up 2.89%, but remains below its IPO price of ₹324, signaling promoter confidence.
Why It Matters: Promoter's ₹50 Cr share purchase signals strong confidence in Honasa Consumer's future despite IPO price.
✦
More like this
Loading more articles...





