Income Tax demand of Rs 9.93 lakh for AY 2018-19; company to appeal

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ANUHPHR · price

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

Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹93.35

prior close

₹93.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+1.5% vs market

Pharmaceuticals peers, median of 174sector+0.2%+1.1% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.1 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

+1.8

15m

+2.1

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3-0.1+1.5+0.2+1.1

Next day

+0.2+0.3-0.1+0.1+0.1

+0.1+1.6-1.5+1.1-1.0

-2.3+0.1-2.4-0.0-2.3

-3.1+0.3-3.5+0.2-3.3

-4.0-1.2-2.8-0.5-3.5

-6.1-0.5-5.6-1.0-5.1

15d

-11.7-2.2-9.5-4.5-7.2

-14.6-6.6-8.0-7.2-7.3

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 174Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Anuh Pharma received a demand order of Rs 9,93,206 under Section 156 of the Income Tax Act for Assessment Year 2018-19 from the Income Tax Departments Assessment Unit. The demand is on account of disallowance of certain deductions claimed by the company. The company plans to file an appeal before the Commissioner of Income Tax within prescribed timelines and says there is no material impact on financial operations.

Likely market impact

Minor tax demand of about Rs 9.93 lakh; company plans to appeal and expects no material impact on operations.