Emkay Global downgraded Honasa Consumer, the parent company of Mamaearth, to ‘SELL’ from ‘BUY’ and slashed its target price by 50% to Rs 300 after the company reported its first quarterly loss in five quarters due to weak demand and distribution challenges.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an