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Import duty on mobile phone parts such as back covers, battery covers, GSM antenna, main camera lens, and other mechanical items of plastic and metal has been reduced to 10%. Move to help in shifting of production lines to India, say analysts
The Ministry stated in the Gazette Notification that the import duty on parts such as battery cover, front cover, middle cover, main lens, back cover, GSM antenna, PU case, SIM socket, screw, other mechanical items of plastic and metal, as well as LCD foam and sticker-battery slot, among others, has been reduced to 10%, from the earlier 15%
BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,370,500 shares, a decline of 13.3% from the November 30th total of 2,732,800 shares. Based on an average trading volume of 556,000 shares, […]
Macquarie initiated coverage on shares of BYD (OTCMKTS:BYDDY – Free Report) in a research report report published on Wednesday, Briefing.com reports. The firm issued an outperform rating on the stock. Separately, Sanford C. Bernstein initiated coverage on shares of BYD in a report on Tuesday, September 5th. They set an outperform rating for the company. […]
BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,600,300 shares, an increase of 15.9% from the October 31st total of 1,380,200 shares. Based on an average trading volume of 112,900 shares, […]