
JM Financial shares rally 4% on receiving Rs 230 cr tax refund
The shares of JM Financial rallied 4% to their intraday high of Rs 108 on the BSE in early trade on Friday, February 21, after informing that they will receive a tax refund of Rs 230 crore from the Income Tax Department, Government of India. “Pursuant to Regulation 30 read with Para A, Part A…