Honasa shares fall 5% after ₹643 crore block deal

Mamaearth's parent company Honasa Consumer's shares fell up to 5% to ₹445 on Tuesday after 1.4 crore shares worth ₹643 crore changed hands in a block deal. Peak XV, Sequoia Capital and Redwood Trust were reportedly among the sellers. The deal follows Honasa reporting a 116.5% YoY rise in Q1 FY27 profit to ₹90 crore.