Kwality Wall’s Share Price Jumps 35% in June; Here’s What Shareholders Should Know
DSIJ Intelligence / 11 Jun 2026 / Categories: Mindshare, Trending
After soaring more than 35 per cent in June, Kwality Wall’s is drawing investor attention—here are the key developments driving the stock’s remarkable rally.
Kwality Wall’s share price has witnessed a sharp rally in June 2026, gaining more than 35 per cent during the month so far. The stock continued its upward momentum on Thursday, rising over 5 per cent in Intraday trade.
The strong performance comes months after the company's ice cream business was demerged from Hindustan Unilever Ltd (HUL) and listed as an independent entity on the National Stock Exchange (NSE) and the BSE in February 2026.
Magnum Ice Cream Company Strengthens Presence
Following the demerger, The Magnum Ice Cream Company completed the acquisition of a 61.9 per cent majority equity stake in Kwality Wall’s (India) Ltd, bringing the Indian business under its global ice cream operations.
In a regulatory disclosure released on June 9, 2026, Magnum Ice Cream Company HoldCo 1 Netherlands B.V. reported a substantial shareholding of 1,45,44,12,858 equity shares in Kwality Wall’s (India) Ltd as of March 31, 2026.
Focus on Dairy-Based Products
As part of its long-term growth strategy, Kwality Wall’s has announced plans to replace palm oil with dairy ingredients across its product portfolio by 2027.
The company is positioning the transition as a move towards a more milk-based product range, aiming to strengthen its presence in India’s rapidly expanding ice cream market. The initiative is expected to support product premiumisation while aligning with evolving consumer preferences.
About Kwality Wall’s (India) Ltd
Kwality Wall’s (India) Ltd is one of India's leading ice cream manufacturers and marketers, offering products across multiple categories and price points. The company operates a portfolio of well-known brands and serves consumers through an extensive distribution network across the country.
Kwality Wall’s Share Price Performance
Kwality Wall’s share price gained more than 5 per cent during Thursday's trading session, touching Rs 34.90, compared with the previous close.
The company’s share price has generated healthy returns for investors, rising 21.22 per cent in the past month and 18.46 per cent since the beginning of 2026. The stock, however, has witnessed some profit-booking in the short term, declining 2.16 per cent over the last week.
Disclaimer: The article is for informational purposes only and not investment advice.