FMCG stock in focus after company approves demerger of ice cream business

India’s largest FMCG’s board has approved the demerger of its ice cream business into a separate, independently listed entity.  This demerger will create a leading ice cream company in India, featuring a portfolio of iconic brands such as “Kwality Wall’s”, “Cornetto”, and “Magnum”.The newly formed entity will have greater flexibility to deploy customised strategies aligned … Continue reading FMCG stock in focus after company approves demerger of ice cream business