Honasa Consumer rises 2% in debut trading

New Delhi: Shares of Honasa Consumer Ltd, which owns new-age FMCG brands like Mamaearth and The Derma Co, made a muted market debut on Tuesday, listing with a gain of nearly 2 per cent on the NSE against the issue price of Rs 324.

The stock began the trade at Rs 330, up 1.85 per cent on the NSE. It later hit a high of Rs 337.60 and a low of Rs 323. The stock listed at par with the issue price of Rs 324 on the BSE.