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Block deal alert: Honasa Consumer shares tumble 5% after equity worth ₹643 crore changes hands - Should investors buy?

Honasa Consumer Ltd. shares fell 4.6% after a large block transaction of 1.4 crore shares, totaling ₹643.4 crore. Despit...

Block deal alert: Honasa Consumer shares tumble 5% after equity worth ₹643 crore changes hands - Should investors buy?
Source: Mint - Markets

Honasa Consumer Ltd. shares fell 4.6% after a large block transaction of 1.4 crore shares, totaling ₹643.4 crore. Despite this decline, the company showed a year-to-date gain of 59.4%. Details of buyers and sellers remain undisclosed, as the company prepares for future growth.

SOURCE: Mint - Markets
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