An update from JTEKT India Limited ( (IN:JTEKTINDIA) ) is now available.
JTEKT India Limited has received a Show Cause Notice from the Department of Excise and Taxation in Gurugram, Haryana for non-payment of Haryana Tax on Entry of Goods into Local Areas for the year 2016-17, amounting to Rs. 17,73,425. However, the company states that this notice does not have a material impact on its financials or operations as they are in the process of filing a response to the notice.
More about JTEKT India Limited
JTEKT India Limited operates in the automotive industry, specializing in the manufacturing and supply of steering systems, bearings, driveline products, and machine tools. The company focuses on delivering innovative and high-quality products to its clients in the automotive sector.
YTD Price Performance: -9.90%
Average Trading Volume: 8,766
Current Market Cap: 37.49B INR
For detailed information about JTEKTINDIA stock, go to TipRanks’ Stock Analysis page.