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DCM Shriram Limited ( (IN:DCMSHRIRAM) ) has issued an update.
DCM Shriram Limited has received an order from the Income-tax Appellate Tribunal (ITAT) in New Delhi, which has adjudicated on pending tax litigations for several assessment years, granting significant relief in tax liabilities. The tribunal’s decision includes a directive for the Assessing Officer to verify revised claims for deductions under the Income-tax Act, potentially impacting the company’s tax obligations positively, although it does not materially affect the profit and loss statement.
More about DCM Shriram Limited
DCM Shriram Limited operates in the chemicals and agribusiness sectors, providing a range of products including fertilizers, chlor-vinyl, and sugar. The company focuses on serving the agricultural and industrial markets, leveraging its integrated business model to enhance operational efficiencies.
Average Trading Volume: 5,640
Current Market Cap: 190.1B INR
For a thorough assessment of DCMSHRIRAM stock, go to TipRanks’ Stock Analysis page.