Jefferies maintained a buy rating on Honasa Consumer with a target price of Rs 530. “Honasa is still evolving in its offline journey and will make mistakes in the online. Given the online mix, pushing inventory may not yield much, based on our calculation,” said the note.
Groww block deal alert: Shares fall nearly 3% after 10.07 crore shares change hands; Peak XV, Sequoia Capital likely sellers
Billionbrains Garages Ventures shares fell after a large block deal occurred. Peak XV Partners and Sequoia Capital were reportedly selling their stake. Jefferies maintains a