The stock hit a fresh 32-month low of Rs 54.35, tanked 34% in past three trading sessions from Rs 82.15 on March 26, 2018.
The stock continued under pressure for the second day in a row, down 20% at Rs 60.35, trading at its lowest level since July 6, 2015.
Kwality shares have cracked 13% in the last one month and 4% in the last one year
With this, cumulative milk processing capacity of Kwality would reach 4.3 mn litres per day across 6 plants
The stock hit a high of Rs 117.90 and a low of Rs 114.50 so far during the day
The board will meet on June 24 to discuss fund raising plans via term loan, NCDs upto Rs 300 crore
Dairy products player wants to increase share of retail sales to 70% from current 30% of its turnover in three years