Kwality Wall shares slide 5% after tepid Monday debut; plunges 30% in two sessions

Kwality Wall’s shares fell sharply on Tuesday, extending their post-listing slide to 30% after a weak debut. The stock faced heavy selling despite LIC acquiring a 6.62% stake. The demerged ice-cream business from HUL also saw an open offer launched at Rs 21.33 per share by a Dutch promoter entity.