
Shares of Honasa Consumer dipped 0.11% to ₹465.05 on the BSE after the company disclosed a block deal that could raise up to ₹400 crore for a 2.73% equity stake. NewPARA The deal involves Peak XV Partners, Sequoia Capital and Redwood Trust, all likely to sell their holdings. The floor price is pegged at ₹450 per share, potentially 3.4% below the current market level, with a 45‑day lock‑up on any further sales. NewPARA Q1 results were a blast: net profit jumped to ₹90.45 crore, more than double the ₹41.32 crore recorded in the same quarter last year. Revenue hit ₹755.94 crore, a 27% year‑on‑year increase, while total expenses rose 17% to ₹659.27 crore. EBITDA climbed to ₹110 crore, doubling the previous quarter’s figure. NewPARA The market was muted. Despite the headline‑making block deal, shares fell slightly, reflecting investor caution over liquidity and potential dilution. Analysts have mixed views, with some raising price targets in light of the earnings beat, while others remain wary of the 45‑day lock‑up. NewPARA Looking ahead, the company hints at a mid‑twenties growth trajectory for the next quarter, but has yet to issue formal guidance. Investors will keep an eye on the block deal’s execution and any forthcoming Q2 forecasts.