Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Bajaj Electricals Limited ( (IN:BAJAJELEC) ) has shared an update.
Bajaj Electricals Limited has announced a significant reduction in an ongoing tax dispute with the State Appellate Authority, Punjab CST. The original tax demand of Rs.7.56 crore has been reduced to Rs.50,234, including interest, following a rectification order. This development has no impact on the company’s financial operations or activities, indicating a positive resolution to the dispute without affecting its market positioning or stakeholder interests.
More about Bajaj Electricals Limited
Bajaj Electricals Limited operates in the electrical equipment industry, offering a wide range of products including lighting, consumer durables, and engineering projects. The company focuses on providing innovative solutions in the Indian market, catering to both consumer and professional segments.
YTD Price Performance: -24.38%
Average Trading Volume: 9,772
Current Market Cap: 65.45B INR
For an in-depth examination of BAJAJELEC stock, go to TipRanks’ Stock Analysis page.