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The latest update is out from Bajaj Electricals Limited ( (IN:BAJAJELEC) ).
Bajaj Electricals Limited has received a GST order from the Office of the Assistant Commissioner of State Tax in Ahmedabad, which imposes a demand of Rs. 247.06 lakh for disallowance of Input Tax Credit (ITC), including tax, interest, and penalties. The company is considering legal options, including an appeal, but confirmed there is no impact on its financial operations or other activities due to this order.
More about Bajaj Electricals Limited
Bajaj Electricals Limited operates in the electrical manufacturing industry, offering a variety of products and services including lighting, consumer durables, and engineering projects. The company has a significant market presence in India and is known for its innovative solutions and quality products.
YTD Price Performance: -12.91%
Average Trading Volume: 4,011
Current Market Cap: 76.01B INR
Learn more about BAJAJELEC stock on TipRanks’ Stock Analysis page.