Honasa jumps 12% on Q1 beat, chart breakout; 20% upside seen
Honasa Consumer surged 12% after Q1 profit rose 2.64% YoY to ₹41.32 crore, with revenue up 7.4% to ₹595.25 crore. CLSA upgraded the stock to 'Outperform' with a ₹333 target, citing margin gains. SEBI RA Prabhat Mittal sees a 20% upside. He advises buying at ₹299, stop loss ₹279, targeting ₹332-352.