Honasa Consumer shares in focus as promoter Varun Alagh raises stake via bulk deal

Honasa Consumer, Mamaearth’s parent, is in focus as promoter Varun Alagh boosted his stake by acquiring shares from Fireside Ventures for Rs 50 crore. This move comes as the company shows improved profitability and revenue growth, despite its stock trading below its IPO price. The beauty and personal care firm operates popular brands like Mamaearth and The Derma Co.