Divyashakti Ltd updates on anti-dumping duty

The US Department of Commerce ("Commerce") has announced the preliminary results of its first administrative review of quartz surfaces anti-dumping duty order.

The Commerce has preliminarily determined that the anti-dumping duty for Divyashakti Limited ("Company") during the period of review (POR) December 13, 2019, through May 31,2021, to be 161.56%. These results do not take effect now, but may serve as an indication of the final duty rates that the Commerce is expected to issue in December of 2022.

Shares of DIVYASHAKTI GRANITES LTD. was last trading in BSE at Rs. 77.35 as compared to the previous close of Rs. 76.85. The total number of shares traded during the day was 287 in over 8 trades.

The stock hit an intraday high of Rs. 84.00 and intraday low of 75.10. The net turnover during the day was Rs. 21710.00.

Source : Equity Bulls

Keywords

DIVYASHAKTI INE410G01010 AntiDumpingDuty AdministrativeReview QuartzSurfaces