mamaearth shares: Goldman Sachs initiates coverage on Mamaearth with buy rating, stock jumps 5%

mamaearth shares: Goldman Sachs initiates coverage on Mamaearth with buy rating, stock jumps 5%

Global brokerage firm Goldman Sachs initiated coverage on Honasa Consumer (Mamaearth) with a ‘Buy’ rating and target price of Rs 570, which indicates an upside potential of 26% from the previous day’s closing price of Rs 451 apiece. Following the coverage initiation, shares of Mamaearth also jumped 5% to Rs 472 on BSE. In its … Read more