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Golden Tobacco shoots over 11%

Golden Tobacco shoots over 11%

Tuesday, March 14, 2017, 2:38 PM

Golden Tobacco, on Tuesday, announced that Income Tax Appellate Tribunal (ITAT), Mumbai quashed the CIT (appeal), orders in respect of the assessment year 1984-85 to 1986-87 to principal demand of Rs 33.14 crore. Shares of Golden Tobacco soon after the announcement soared on an intraday basis. The stock witnessed a jumped by over 11% hitting a high of Rs 82 per share.
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