#TheMorningContext
Honasa Consumer (Mamaearth) stock was down 20% today. Because the problems go beyond just the reported fall in revenue and profits.

@harveen-ahluwalia.bsky.social and I write in today's
#TheMorningContext on what ails Mamaearth.
themorningcontext.com/internet/wha...
What ails Mamaearth?
The beauty and personal care company put up a remarkably poor show in its latest quarterly earnings. A macro consumption slowdown has led to some belated soul-searching.
themorningcontext.com
November 18, 2024 at 12:40 PM