Honasa Consumer shares crack 34% in just 2 days. Is the glow fading away?

Mamaearth's parent company, Honasa Consumer, saw its shares plummet 34% after reporting a significant second-quarter loss. Market analysts expressed concerns over the company's performance, citing factors like disappointing quarterly numbers and the impact of Q-commerce. While a short-term technical bounce is possible, the stock's overall outlook remains bearish.