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Goa Carbon Limited ( (IN:GOACARBON) ) has issued an update.
Goa Carbon Limited has announced the receipt of an income tax refund amounting to Rs. 0.76 crore, following an order from the Deputy Commissioner of Income Tax. This refund is a result of adjustments made to the company’s taxable profits for the assessment year 2010-11, as per a directive from the High Court of Bombay at Goa. The financial adjustment reflects positively on the company’s fiscal management and could enhance its financial position, potentially impacting its stakeholders favorably.
More about Goa Carbon Limited
Goa Carbon Limited operates in the carbon industry, primarily focusing on the production and supply of calcined petroleum coke, which is a crucial ingredient in the aluminum and steel industries. The company is headquartered in Goa, India, and serves a significant role in the industrial supply chain for these sectors.
Average Trading Volume: 1,336
Technical Sentiment Signal: Sell
Current Market Cap: 3.63B INR
Find detailed analytics on GOACARBON stock on TipRanks’ Stock Analysis page.