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ALKEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.7%1-day move

₹5404.50

prior close

₹5405.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.7+0.9+0.4+0.6+2.7+2.9+3.3+1.8+0.9+1.5+1.3-0.6+3.6—

Up moveDown movePending

AI summary

Alkem Laboratories received a favorable Order-in-Appeal from the Commissioner (Appeals)-II CGST & C.Ex, Mumbai. The order drops a GST demand of Rs. 69,65,52,636 (approximately Rs. 69.65 crore) along with applicable interest and penalty of equal amount. The original demand related to alleged incorrect availment of Input Tax Credit and payment of GST refund. The order was received on 4th May 2026. The company states there is no material impact on its financial, operational, or other activities.

Likely market impact

Positive for shareholders as a significant GST demand of Rs. 69.65 crore (plus interest and penalty) has been dropped by the appellate authority, removing a contingent liability from the company's books.