Kalpataru Ltd: Income Tax appeals filed against company by DCIT

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KALPATARU · 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

+0.9%Reaction day

₹330.20

prior close

₹326.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.5% vs market

Residential Commercial Projects peers, median of 66sector+0.2%+0.7% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.7 pts more than its Residential Commercial Projects 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

+0.3

10m

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15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.5+0.5+0.2+0.7

Next day

-1.2+1.3-2.5+0.2-1.4

-1.6+2.1-3.7+0.4-1.9

-4.0+1.4-5.4-0.8-3.2

-3.8+1.3-5.2-0.1-3.8

-7.0+0.7-7.7-0.6-6.4

-9.5+1.5-11.0-0.2-9.3

15d

-13.2+2.9-16.1+2.5-15.6

-16.7+1.7-18.5+0.6-17.4

-15.3+6.1-21.4+2.3-17.6

-15.3+6.5-21.7-2.4-12.9

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

The Deputy Commissioner of Income Tax has filed appeals with the Income Tax Appellate Tribunal (ITAT) against Kalpataru Ltd. The disclosure, made under SEBI LODR regulations, concerns income tax matters where the tax authority is challenging prior orders. Details on specific assessment years and financial impact are not provided in the filing.

Likely market impact

Pending tax litigation at ITAT may create short-term uncertainty. Outcomes could affect future tax liabilities and earnings.