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Honasa Consumer shares zoom 20%
image for illustrative purpose
New Delhi: Shares of Honasa Consumer Ltd, which owns FMCG brands such as Mamaearth and The Derma Co, on Thursday jumped 20 per cent after the company reported an almost two-fold increase in its consolidated profit after tax for the second quarter ended September. The stock zoomed 19.99 per cent to reach its upper circuit limit of Rs422.50 on the BSE. At the NSE, it surged 19.99 per cent to reach its highest trading permissible limit for the day at Rs423.75. Honasa Consumer Ltd on Wednesday reported an almost two-fold increase in its consolidated profit after tax to Rs29.43 crore for the second quarter ended September.