Analysts see room for more gains in the stock on expectations of a tariff hike, higher average revenue per user (ARPU) – a measure of earnings generated from each user – and lower capex.
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 India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its