DSIJ Mindshare

Market Closes Firm: Honasa Hits 20% Upper Circuit, Rpower Reclaims Rs 20,000 Crore Market Cap

In notable stock movements, Honasa Consumer, the parent company of Mamaearth, locked in a 20 per cent upper circuit on May 23 following its Q4 results

DSIJ Intelligence-3 0 10 Article rating: 5.0

Reliance Power also saw a strong rally, rising over 16 per cent and pushing its market capitalisation back above the Rs 20,000 crore level.

Nifty and Sensex Up Over 1 per cent, Honasa Hits Market Cap of Rs 10,000 Crore, RPower Jumps 15 per cent

On the other hand, Nifty FMCG and IT led the gains, each rising by over 1 per cent.

DSIJ Intelligence-3 0 91 Article rating: 5.0

In stock-specific action, Honasa Consumer was up nearly 18 per cent, trading near the day’s high and reclaiming a market cap of Rs 10,000 crore

Rs 2,304 Crore Order Book: Aerospace & Defence Company Reports Highest Ever Revenue, EBITDA and PAT in Q4 and FY25

Additionally, as of March 2025, an ace investor, Atim Kabra, owns a 3.53 per cent stake.

DSIJ Intelligence-1 0 139 Article rating: 3.8

Furthermore, FIIs have increased their stake to 5.30 per cent in March 2025 compared to December 2024.

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