India's Stove Kraft down on Income Tax dept search at premises

Stove Kraft

22/11/2023 08:38

** Shares of Stove Kraft Ltd  STOE.NS  fall as much as 4.2%
to 496 rupees
    ** The appliance maker says India's Income Tax department is
conducting a search at some of the co's premises and plants
    ** More than 124,678 shares change hands by 01:55 p.m. IST,
1.2x its 30-day avg
    ** Stock down 1.4% YTD


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))