• Source:JND
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Mamaearth share price: The stock prices of Mamaearth's parent company Honasa Consumer have seen a 13% surge in morning trade today. The stock opened at Rs 460.20 in BSE with a decline compared to Friday's closing and rose up to intra-day high of Rs 520, which is company's new 52-week high.

Last week,Mamaearth announced the launch of the product. It has launched its Kerala Thali hair care range on 23 August. 

Share rose 100% from 52 week low level

In the last one month, the company's share prices have seen an increase of more than 10 percent. In the last one year, Honasa Consumer shares have climbed by more than 57 percent. The company's 52 week low level is Rs 256.10. That is, the company's shares have climbed more than 100 percent today compared to its 52 week low level. The company's market capitalization has been Rs 16,625.62 crore.

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June Quarter Result

The June quarter has proved to be a good period for the company. The company's sales have seen an increase of 19.28 percent on an annual basis during this period. The company's net sales during April to June have been Rs 554.06 crore. Which was Rs 464.49 crore in the June quarter of last year.

The company's profit during April to June has been Rs 40.26 crore. Which was Rs 25.96 crore in the June quarter of last year. The company's EBITDA in the June quarter was Rs 64.84 crore.

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