Kwality Wall's Shares: After separating from Hindustan Unilever Limited (HUL), the shares of Quality Walls entered the domestic stock market today. Its share journey started today at a price of ₹ 29.80 on the NSE, which is at a discount of 25.87% against the indicative price of ₹ 40.20.
Shares of Quality Wall entered today with a market cap of ₹7,001.78 crore. On the other hand, HUL shares are currently in the red zone. On the NSE, it is down 0.20% at ₹2,300.00 (HUL Share Price). HUL's shares were adjusted from the demerger in December last year and opened at ₹2,422 on December 5, a discount of about 2% (₹40.2) from the previous closing price of ₹2,462.20.
HUL-Kwality Wall's demerger: Approved in November 2024
HUL's approval for the demerger of the ice cream business quality wall was received in November 2024. The NCLT (National Company Law Tribunal) had given the green light in October 2025 to separate Quality Walls, which owns well-known brands like Kwality Wall's, Cornetto, and Magnum.
Its ice cream business accounts for about 3% of HUL's total annual turnover and accounts for about ₹1800 crore in revenue.
