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Sapphire Foods India Ltd. ( (IN:SAPPHIRE) ) has shared an update.
Sapphire Foods India Limited announced a favorable outcome in a legal dispute with the Income Tax Department of India concerning its subsidiary, Gamma Pizzakraft Lanka. The appellate authority ruled in favor of the subsidiary, nullifying the tax demand and associated penalties, which means there will be no financial or operational impact on the company or its subsidiary.
More about Sapphire Foods India Ltd.
Sapphire Foods India Limited operates in the food and beverage industry, focusing on managing and operating quick-service restaurants. The company is known for its franchise operations of popular brands, serving a wide range of food products to consumers across various regions.
Average Trading Volume: 37,778
Technical Sentiment Signal: Strong Buy
Current Market Cap: 105.3B INR
For detailed information about SAPPHIRE stock, go to TipRanks’ Stock Analysis page.