Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
78 per cent moms who participated in the survey were worried about their kids getting sick amid the lockdown
Jyoti Negi, expert, Momspresso, shows you how to delight your guests with simple fruit shakes.
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