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An update from Hitachi Energy India Limited ( (IN:POWERINDIA) ) is now available.
Hitachi Energy India Limited has received an order from the Deputy Commissioner State Tax in Lucknow, Uttar Pradesh, regarding a GST audit for the fiscal year 2021-22. The order includes demands for tax, interest, and penalties due to alleged discrepancies in tax payments and input tax credit claims. The company considers these demands arbitrary and plans to appeal the decision, indicating potential financial implications but expressing confidence in their legal position.
More about Hitachi Energy India Limited
Hitachi Energy India Limited operates in the energy sector, focusing on providing innovative solutions and services related to energy systems and technologies. The company is part of the larger Hitachi Energy group, which is known for its expertise in sustainable energy solutions and infrastructure development.
Average Trading Volume: 6,135
Technical Sentiment Signal: Buy
Current Market Cap: 868.8B INR
Find detailed analytics on POWERINDIA stock on TipRanks’ Stock Analysis page.