November 7, 2024
Financial Assets

Robust growth ignites rally in new-age stocks, 45% gains made in 6 months

New-age stocks have made a strong comeback of late driven by robust revenue growth and improved profitability through reduced spending. Increased allocations by overseas funds and strong demand for recent public issues have further fuelled the rally. Analysts believe these stocks could continue to perform well so long as they sustain their growth momentum. The

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Intangible Assets

Honasa Consumer retains 20% revenue growth target for FY25 despite inventory-led blips

Honasa Consumer, the parent company of Mamaearth, is confident of maintaining a 20% revenue growth in the current financial year despite the temporary inventory-led slowdown. The company expects potential impact of 150-200 basis points (bps) on sales due to inventory correction in the second and third quarters of the year. The Chief Financial Officer Ramanpreet

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