India's Prince Pipes and Fittings falls on tax demand notice
01/10/2026 07:35
BUZZ-India's Prince Pipes and Fittings falls on tax demand notice ** Shares of Prince Pipes and Fittings PRCE.NS fall 2.5% to 249.35 rupees
** Stock on track for fourth session of losses
** Indian construction supplies co receives tax demand notice of 27.4 million rupees ($285,476)
** Co says notice related to alleged under-reporting of sales and excess tax credit claims for FY2022-23
** PRCE expects no material impact on business from tax demand notice** Stock down 4% YTD
($1 = 95.9800 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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