ICICI Securities Ltd | Retail Equity Research Prabhat Dairy is selling its milk processing business, which generates around 98.24% of total consolidated revenue of the company, to French group Lactalis' Indian arm Tirumala Milk Products for | 1,700 crore. After selling its core dairy business, the company intends to further develop its cattle feed business and expand into allied businesses such as animal nutrition and animal genetics, which forms the remaining ~1.76% of its...