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Polycab India Ltd. ( (IN:POLYCAB) ) has shared an update.
Polycab India Limited has announced that the Commissioner of Income Tax (Appeals) has accepted the majority of the company’s appeals concerning tax assessments for the years 2014-15 to 2023-24. This decision is expected to substantially reduce the company’s income tax demands, positively impacting its financial operations.
More about Polycab India Ltd.
Polycab India Limited operates within the electrical industry, primarily focusing on the manufacturing and distribution of wires, cables, and other electrical products. The company is known for its comprehensive range of products catering to various sectors, including residential, commercial, and industrial markets.
Average Trading Volume: 11,876
Technical Sentiment Signal: Buy
Current Market Cap: 1066.5B INR
Learn more about POLYCAB stock on TipRanks’ Stock Analysis page.