Honasa Denies ₹300 Crore Inventory Overhang

• Peak XV sold 1.23 Cr shares worth INR 610.98 Cr, while Sequoia Capital Global offloaded 28.71 Lakh shares worth INR 142.12 Cr.
• Morgan Stanley and ICICI Prudential bought shares worth INR 119.67 Cr and INR 142.49 Cr, respectively.
• H...

• Honasa Consumer's shares fell 11%, pushing its market cap below $1 billion.
• The downturn is linked to the company's shift to a D2C model under Project 'Neev'.
• The stock has underperformed the Nifty 50, shedding nearly 40% on a ...

Which stock and how much dip? Predict in comments

To all paytm folks and people having first hand knowledge of this matter: how true is the statement that the 1k layoffs are due to AI? or is it just a bs PR move to justify layoffs (like any other organisation)