Kwality Wall’s to be added to Nifty 50 from December 5 post-HUL demerger

As part of the index adjustments, the demerged entity Kwality Wall’s (India) Ltd will be temporarily added to 35 Nifty indices at a zero price, using a dummy symbol, DUMMYHDLVR. HUL reported a net profit of ₹2,694 crore for the September quarter, aided by a one-time gain of ₹273 crore.

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