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StockYard ( SEBI RA )

20th Nov · SEBI-Registered Analyst

⚠️ CG Power Receives ₹365 Crore Tax Demand — Company to Challenge Order

CG Power & Industrial Solutions has been served a ₹365 crore tax demand by the Income Tax Department for Assessment Year 2018. The company announced it will challenge the notice, stating it has strong legal grounds to contest the order. Despite the development, the stock showed only a mild reaction, indicating sustained investor confidence in the company’s management and financial stability. 🔖 #CGPower #TaxDemand #IncomeTaxNotice #MarketNews #StocksToWatch #IndianStockMarket #CorporateUpdate

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