The penalty was levied amid allegations of misrepresentation of the company’s financials.

SEBI Fines Kwality’s Former Management For Financial Fraud

The ice cream division—which includes Kwality Walls, Magnum and Cornetto brands—is a fraction of India’s largest consumer goods business.

HUL: Will Demerger Of Ice Cream Business Be Value-Accretive?

Kwality Pharmac Consolidated June 2023 Net Sales at Rs 67.45 crore, down 3.94% Y-o-Y

Kwality Credit Standalone March 2023 Net Sales at Rs 0.11 crore, down 20.89% Y-o-Y

Kwality Pharmac Standalone March 2023 Net Sales at Rs 68.80 crore, up 7.44% Y-o-Y

ITC’s Sunfeast smoothies and HUL’s Kwality Walls ice creams have introduced brand new desi flavours

Relish more desi flavours of beverages, ice-creams this summer

Kwality Pharmaceuticals consolidated net profit declines 55.26% in the December 2022 quarter

Abans Holdings Ltd, Hybrid Financial Services Ltd, Advance Syntex Ltd and Maximus International Ltd are among the other losers in the BSE’s ‘B’ group today, 26 December 2022.

Kwality Pharmaceuticals Ltd leads losers in ‘B’ group

Kwality Pharmaceuticals migrates from BSE-SME

Kwality Credit Standalone March 2022 Net Sales at Rs 0.14 crore, down 12.62% Y-o-Y

Kwality Consolidated September 2021 Net Sales At Rs 18.23 Crore, Down 28.32% Y-o-Y

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Kwality Limited is engaged in processing, manufacturing and trading of milk, milk products and dairy products. The Company's products include pure ghee, pure cow ghee, low cholesterol ghee, butter, pouched curd and set curd, among others.

Kwality Ltd