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E-commerce companies falls despite FM announces TDS rate on e-commerce operators to be reduced to 0.1%
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Shares of companies related to E-commerce business declined even after Finance Minister announced TDS rate on e-commerce operators to be reduced to 0.1% from 1%
Zomato is currently trading at Rs. 215.70, down by 5.95 points or 2.68% from its previous closing of Rs. 221.65 on the BSE. The scrip opened at Rs. 222.25 and has touched a high and low of Rs. 223.60 and Rs. 213.65 respectively. So far 721761 shares were traded on the counter.
FSN E-Commerce Ventures is currently trading at Rs. 172.65, down by 2.30 points or 1.31% from its previous closing of Rs. 174.95 on the BSE. The scrip opened at Rs. 177.00 and has touched a high and low of Rs. 179.75 and Rs. 172.40 respectively. So far 63143 shares were traded on the counter.
Add-Shop E-Retail is currently trading at Rs. 14.66, down by 0.07 points or 0.48% from its previous closing of Rs. 14.73 on the BSE. The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 15.10 and Rs. 14.52 respectively. So far 22011 shares were traded on the counter.
