Honasa Consumer shares extend losses for second session, shed 34% in 2 days

Honasa Consumer share price: Shares of Honasa Consumer, the parent company of Mamaearth, fell 34% over two days, hitting a 52-week low of Rs 242.60, following disappointing Q2 results. Mamaearth’s stock dropped 18% on Tuesday after a 20% decline on Monday. The company reported a net loss of Rs 19 crore, with revenues down 7% to Rs 462 crore due to sluggish demand and operational challenges.
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