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US inflation increased by more than expected last month, pushing up the cost of living for Americans.
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Honasa Consumer, Mamaearth's parent company, reported a net profit of Rs 26 crore for Q3FY25, almost unchanged from the previous year's Rs 25.9 crore. Revenue from operations increased by 6% YoY to Rs 518 crore. The company showed strong growth momentum, with Mamaearth expanding market share and household penetration.
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In the Nifty500 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on February 12, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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