Honasa Consumer shares jump as ICICI Prudential raises stake from 5.48% to 7.61% | Stock Market News
Source: Live Mint
Stock Market Today: Honasa Consumer shares jumped up to 3% in the morning trades on Saturday as ICICI Prudential raised stake in the company from 5.48% to 7.61%
Honasa Consumer share price opened at ₹220.50 on the BSE on Saturday, almost flat over the previous days closing price of ₹220.55. The Honasa Consumer share price thereafter gained further to intraday highs of ₹227.15 marking gains of almost 3%
Honasa Consumer share price had almost halved from 52 week or 1 year high of ₹546.50 in September 2025, to 52 week or 1 year lows of ₹205.25 on 31 December 2025. Hence a bounce back now is encouraging and also supported by the stake hikes by ICICI Prudential in Honasa Consumer
ICICI Prudential intimated the exchanges on 31 January 2025 that it has increased shareholding in Honasa Consumer on cumulative basis to 7.61% from 5.48% as was reported by ICICI Prudential on 12 September 2024
