For HUL, its ice cream segment with brands such as Kwality Walls, Cornetto and Magnum contributes around 3% to its total revenues – translating to nearly ₹1,800 crore in FY24. It is a high-growth business earning mid to high single-digit profitability.
Buy the Dip: Dharmesh Shah sees midcap, smallcap rally ahead
ICICI Direct’s Dharmesh Shah suggests a positive outlook for the Indian market, fueled by ceasefire news and falling crude oil prices. Nifty is expected to