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Sharda Motor Industries Ltd. ( (IN:SHARDAMOTR) ) just unveiled an update.
Sharda Motor Industries Ltd. has received assessment orders and demand notices from the Income Tax Department for multiple assessment years, totaling a demand of Rs 145.82 crores. The company plans to appeal these orders, asserting that they have strong legal grounds to contest the demand and do not foresee any significant impact on their financials or operations.
More about Sharda Motor Industries Ltd.
Sharda Motor Industries Ltd. operates in the automotive industry, primarily focusing on the production of automotive components. The company is known for manufacturing exhaust systems, suspension systems, and other related automotive parts, catering to both domestic and international markets.
YTD Price Performance: -3.09%
Average Trading Volume: 2,527
Current Market Cap: 43B INR
For a thorough assessment of SHARDAMOTR stock, go to TipRanks’ Stock Analysis page.