Honasa Consumer shares rally 10% after co-founder Varun Alagh hikes stake in co
Shares of Honasa Consumer Private Limited, the parent firm of Mamaearth, soared as much as 10% on Wednesday to Rs 287.85 on the BSE after exchange filings revealed that CEO and co-founder Varun Alagh bought additional shares worth Rs 4.5 crore in the company. With the purchase of the additional stake, the CEO’s stake in…