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Everest Industries Appeals GST Order with Confidence of No Major Impact

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Everest Industries Appeals GST Order with Confidence of No Major Impact

An announcement from Everest Industries Limited ( (IN:EVERESTIND) ) is now available.

Everest Industries Limited has received a GST order from the Additional Commissioner of CGST, Roorkee, concerning tax demands and penalties for the period from July 2017 to March 2020. The company plans to appeal the order and anticipates a favorable outcome, asserting that the order will not have a significant financial impact on their operations.

More about Everest Industries Limited

Everest Industries Limited operates in the construction materials industry, focusing on the production of roofing, ceilings, walls, and flooring products. The company caters primarily to the building and construction sector, providing essential materials for infrastructure and residential projects.

YTD Price Performance: -13.15%

Average Trading Volume: 2,011

Current Market Cap: 10.89B INR

For a thorough assessment of EVERESTIND stock, go to TipRanks’ Stock Analysis page.

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