Honasa Shares Surge Over 5% During Intraday Trade

Honasa Shares Surge Over 5% During Intraday Trade

SUMMARY

However, the shares pared some gains to trade at INR 515.9, up 2.32% from the previous close of INR 504

The stock increased 14.4% on a year-to-date basis

At the time of publishing this article, the company was valued at over INR 16,709 Cr

Shares of Honasa surged over 5.3% to INR 531.2 during the intraday trading on the BSE today (September 3), a day after the company approved allotment of 5.79 Lakh equity shares to its eligible employees under its employee stock option plan (ESOP). 

However, the shares pared some gains to trade at INR 515.9 at 12.45 PM, up 2.32% from the previous close of INR 504. 

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