Jul 17, 2012, 02.39 PM IST

SC asks Essar Oil to pay sales tax dues; stock down 3%

Shares of Essar Oil tanked more than 3% intraday on Tuesday as Supreme Court (SC) has asked the company to pay Rs 1,000 crore in sales tax dues by July 31.

Source: Moneycontrol.com
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Shares of Essar Oil tanked more than 3% intraday on Tuesday as Supreme Court (SC) has asked the company to pay Rs 1,000 crore in sales tax dues by July 31.


SC will hear company's interest remission petition on July 31.


At 14:32 hours IST, the share was trading at Rs 53.85, down Rs 1.50, or 2.71% with volumes of 5,08,194 equity shares.


On Monday, the share closed down 2.12% or Rs 1.20 at Rs 55.35.
 
Market capitalisation of the company currently stands at Rs 7,354.12 crore.


Set email alert for

Tags: Essar Oil
Action in Essar Oil
Micromax A110Q Canvas 2 Plus: A Specifications Review
Nine years of UPA: What makes Sonia Gandhi the real hero "Nine years of UPA: What makes Sonia Gandhi the real hero"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

May 23 2013, 16:33

Japan`s fall natural after 80% rally in 6 months: AMP Cap

- in Asian markets