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RR Kabel Ltd. to Appeal Income Tax Assessment Order

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RR Kabel Ltd. to Appeal Income Tax Assessment Order

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RR Kabel Ltd. ( (IN:RRKABEL) ) has provided an update.

RR Kabel Ltd. has received an assessment order from the Income Tax Department for the fiscal year 2023-24, resulting in a demand notice of Rs.7.10 crores due to certain additions and disallowances. The company plans to appeal the order and does not anticipate any significant financial impact from this development.

More about RR Kabel Ltd.

RR Kabel Ltd. operates in the electrical industry, primarily focusing on the manufacturing and distribution of cables and wires. The company serves a broad market, providing essential electrical components for various sectors.

YTD Price Performance: -33.43%

Average Trading Volume: 13,831

Current Market Cap: 107.2B INR

For an in-depth examination of RRKABEL stock, go to TipRanks’ Stock Analysis page.

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