Bajaj Auto gets Rs 800cr VAT refund from Maharashtra
September, 08th 2011
Bajaj Auto touched an intraday high of Rs 1,671.50 and an intraday low of Rs 1,633. At 11:39 hrs the share was quoting at Rs 1,664.10, up Rs 20.85, or 1.27%.
The company has got Rs 800 crore VAT refund from Maharashtra so far. The company has sought Rs 1100 crore vat refund from Maharashtra and hope to receive balance VAT refund soon, reports CNBC-TV18, quoting NewsWire18.
It was trading with volumes of 34,496 shares. In the previous trading session, the share closed down 1.49% or Rs 24.80 at Rs 1,643.25.