Can Honasa shares rally up to 57% after strong Q4 show? Jefferies, CLSA & two other brokerages weigh in
- Posted on May 22, 2026
- By Business News Today
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- 1 min read
Can Honasa shares rally up to 57% after strong Q4 show? Jefferies, CLSA & two other brokerages weigh in
Honasa Consumer shares surged over 11% on Friday after a strong Q4 FY26 performance, with brokerages including Jefferies, CLSA, ICICI Securities and JM Financial turning more optimistic. Jefferies sees up to 57% upside, citing robust multi-channel growth, improving margins and stronger execution, while other brokerages also highlight rising traction across key brands and categories.
