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Mamaearth Jumps After Q2 Beat as Brokerages Turn Optimistic on Outlook
Mamaearth surged nearly nine percent after strong Q2 results and broker upgrades, supported by brand momentum, margin gains, and expanding premium product categories.
Mamaearth recorded a strong market reaction with the stock rising nearly nine percent after quarterly results exceeded analyst expectations. Brokerages upgraded ratings citing improving operating leverage, stronger demand recovery, and expanding premium personal care categories. The company achieved notable growth across digital channels and retail distribution, reflecting persistent brand momentum. Investors welcomed signs of margin stabilization and product mix improvements. Market participants maintained a positive stance as the company targeted deeper penetration across metros and Tier-II markets while expanding its skincare and haircare portfolio.