AIA Engineering Limited updates on anti-dumping duties in Brazil

The Ministry of Development, Industry, Trade and Services Foreign Trade - Department of Trade Defense, Brazil (DECOM) has carried out Sun Set Review on Anti-dumping duty on certain types of grinding media exported from India into Brazil on the basis of the petition filed by Magotteaux Brasil Ltd. ("Magotteaux").

On completion of the said review, DECOM has decided against the petition filed by Magotteaux and ordered to terminate the antidumping duty with immediate effect vide Circular No. 25 dated 13th June, 2024.

Shares of AIA Engineering Limited was last trading in BSE at Rs. 3972.00 as compared to the previous close of Rs. 3819.65. The total number of shares traded during the day was 3781 in over 1014 trades.

The stock hit an intraday high of Rs. 4007.60 and intraday low of 3836.60. The net turnover during the day was Rs. 14855361.00.

Source : Equity Bulls

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AIAEngineering INE212H01026 Updates AntiDumpingDuties Brazil