Powerica gets Income Tax show cause notice for AY 2021-22

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POWERICA · 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

+2.7%Reaction day

₹576.95

prior close

₹582.45

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+3.2% vs market

Heavy Electrical Equipment peers, median of 33sector-0.8%+3.6% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 3.6 pts more than its Heavy Electrical Equipment 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.7-0.5+3.2-0.8+3.6

Next day

-1.0-1.5+0.5-1.7+0.7

-1.8-0.9-0.9-0.8-1.0

-2.7-0.6-2.1-1.4-1.3

-4.1-1.8-2.3-3.1-0.9

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-2.1-0.7-1.3-3.0+0.9

15d

-9.2+2.4-11.6-3.4-5.8

-3.0+2.9-5.9-6.5+3.5

-6.5+1.2-7.7-11.0+4.5

+1.4+1.2+0.2-9.0+10.4

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Powerica received a Show Cause Notice under Section 270A of the Income Tax Act for Assessment Year 2021-22, downloaded from the Income Tax portal on July 15, 2026. This follows an Assessment Order dated March 26, 2026, for which a rectification request was already filed. The company says there is no material impact on financials, operations, or activities, and is evaluating next steps.

Likely market impact

Company calls it minor with no material financial or operational impact stated. Outcome of the tax dispute is pending.