The company intends to contest the order through the appropriate channels and has stated that it does not foresee any significant financial impact from this demand.

The share of the company gained over 15 per cent in just 6 months.

On Thursday, the Sensex increased by 142.43 points to close at 60,806.22, while the Nifty 50 gained by 21.75 points to close at 17,893.45

Today, shares of the company saw a spurt in volume by more than 4.88 times on BSE.  

Indian frontline indices S&P BSE Sensex and NSE Nifty50 opened and recovered most of the losses of last week. 

Keep a watch on these stocks as well as on their volumes for potential breakout and consider hopping in for decent profits!  

On Tuesday, amid the Union Budget 2022-23 presentation, benchmark indices ended in green in the highly volatile session supported by the metal, pharma and capital goods stocks.