Kwality Walls shares fall 3% as RIL's foray into ice cream biz raises competition fears
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered Indias ice cream market with Bombay Creamery, raising competition concerns. The stock extended its losing streak to seven sessions, declining 11% during the period. RCPL plans a pan-India rollout after launching the brand in western India, with prices starting at Rs 10.
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered Indias ice cream market with Bombay Creamery, raising competition concerns. The stock extended its losing streak to seven sessions, declining 11% during the period. RCPL plans a pan-India rollout after launching the brand in western India, with prices starting at Rs 10.
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