Polycab Stock Slides 9% After Tax Evasion Charges, Company Denies Allegations
Polycab stocks plunged nearly 9 per cent following reports of a Rs 200 crore tax evasion. According to sources, the income tax department identified alleged transactions amounting to Rs 250 to 300 crore in the company’s promoter accounts. The company, however, has refuted these allegations. The stocks experienced significant losses and settled at Rs 4867, […]