Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
DCMSHRIRAMNSEDCM Shriram Limited· DiversifiedHighNegative
Announced Fri, 19 Jun, 2026 · 21:48 IST

Income Tax department appeals against ITAT order in company's favour

Regulatory & Legal View source PDFExplain this filing

DCMSHRIRAM · price

Loading chart…

▲ 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
-1.1%Reaction day
₹1058.00
prior close
₹1057.00
announcement price
After-mkt
timing
Nifty Smallcap 250market+0.8%-1.9% vs market
Diversified peers, median of 13sector+0.6%-1.8% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Smallcap 250 and 1.8 pts less than its Diversified 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
5m
-0.4
10m
-0.3
15m
-0.5
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1+0.8-1.9+0.6-1.8
Next day
-2.7+0.2-2.9-0.5-2.2
2d
-1.7+0.4-2.1+0.4-2.1
3d
-1.9-0.1-1.9-1.0-0.9
4d
-3.3-0.5-2.8+0.4-3.7
5d
-4.6+0.0-4.7+0.0-4.6
1w
-3.6+1.5-5.1-0.6-3.1
15d
-2.9+1.5-4.4+2.7-5.6
1m
-4.1+0.8-4.9+1.1-5.2
2m
+1.6+3.7-2.1+1.2+0.4
3m
-7.6+3.1-10.7-1.1-6.4
UpDownMarket · Nifty Smallcap 250Sector · Diversified peers, median of 13Pending

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

AI summary

DCM Shriram reports material tax litigation for AY 2016-17. ITAT Delhi had ruled in the company's favour on 30 June 2025 on transfer pricing adjustments for certain domestic transactions. The Principal Commissioner of Income Tax, New Delhi has now filed an appeal before the Delhi High Court against this order. Tax effect involved is Rs. 35.83 crore. The company notes this issue is already covered in its favour by a Delhi High Court order for AY 2014-15.

Likely market impact

Tax appeal filed against existing favourable ITAT order. Prior Delhi HC ruling on similar AY 2014-15 issue supports the company. Outcome pending.