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Aarti Drugs faces Supreme Court GST challenge

Aarti Drugs Limited is facing a Supreme Court challenge from the GST Department over a tax dispute involving a proposed IGST demand of ₹230.70 crore. The case follows a recent legal victory at the Bombay High Court, which may affect market sentiment.

pre-market1 source ↓written by the desknot a recommendation

a penalty
₹20.72 cr

Aarti Drugs Limited is contesting a Special Leave Petition filed by the GST Department in the Supreme Court, challenging its recent win at the Bombay High Court. The dispute involves a proposed IGST demand of ₹230.70 cr for FY 2017-18 to FY 2021-22, with a penalty of ₹20.72 cr. This escalation may impact investor sentiment and stock performance.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Mar 2026, 07:13 IST.

Sourcesnews.google.com

The market after the news

AARTIDRUGS closed −1.5% on the day of the news, from ₹339.10 to ₹334.15; Nifty +0.7% over the same session.

Bulletin at 07:13 IST on 17 Mar 2026. Every change is measured from ₹339.10, the last close before it, on 16 Mar. Nifty 50 is measured over the same sessions.

  • AARTIDRUGS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
AARTIDRUGS closes around the bulletin against the close before the news, with Nifty 50 rebased to it286.47339.10391.73axis spans 37%before the news · 16 Mar339.10Nifty 50AARTIDRUGSbulletinD0+1+3+510 Mar20 Mar2 AprReference close ₹339.10. 16 sessions from 10 Mar to 2 Apr; the price axis spans 37 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Mar₹339.10basebase
On the day17 Mar₹334.15▼ −1.5%▲ +0.7%−2.2 pp difference
+1 session18 Mar₹341.15▲ +0.6%▲ +1.6%−1.0 pp difference
+3 sessions20 Mar₹343.15▲ +1.2%▼ −1.3%+2.5 pp difference
+5 sessions24 Mar₹335.45▼ −1.1%▼ −2.1%+1.0 pp difference
Gap at the open, % · ₹
▼ −0.6%−2.00 on 17 Mar
Day's range, % · ₹
3.4%≈ 12 high to low
Volume on the day
1.24×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · AARTIDRUGS on the desk →

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