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The latest announcement is out from Siemens Limited ( (IN:SIEMENS) ).
Siemens Limited has received a final assessment order from the Income Tax Department for the Assessment Year 2022-23, demanding a tax payment of approximately INR 62.94 million due to transfer pricing adjustments. The company plans to appeal this order and anticipates no significant financial impact from it.
More about Siemens Limited
Siemens Limited operates in the industrial manufacturing sector, providing a range of products and services including automation, digitalization, and electrification solutions. The company is focused on enhancing industrial productivity and efficiency across various sectors in India.
Average Trading Volume: 14,728
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1180B INR
Find detailed analytics on SIEMENS stock on TipRanks’ Stock Analysis page.