Lucid Group’s second-quarter delivery tally of 3,309 luxury EVs missed Wall Street forecasts and exposed a widening gap between factory output and actual demand.
News in Focus
RITES, SAIL, NALCO, MRPL and GAIL shares were in demand during Wednesday's trading session. IREDA, BHEL, BEL and HUDCO were among major losers.
Emkay Research has initiated coverage on HDB Financial Services (HDBFS) with a resolute BUY call and a 12-month target price of Rs900, representing a 22% upside from the current market price of Rs7
Funded trading accounts offer big capital to traders and in majority of cases, traders can get 80-90% of the profit they make on these accounts.
Motilal Oswal Financial Services has reiterated its BUY recommendation on Ambuja Cements, setting a target price of Rs 700—a 21% upside from the current market price of Rs 580.
Motilal Oswal Financial Services has issued a Neutral call on One 97 Communications (Paytm), with a revised target price of Rs 1,000, reflecting an 8% upside from current levels.
Main Regional Stories
Jamaica’s government has unveiled plans to transform Rose Hall on the country’s north coast into a dedicated casino zone, anchoring an estimated $4 billion investment wave aimed at redefining the island’s tourism mix.
Intralot S.A. has entered a binding pact to acquire Bally’s International Interactive for €2.7 billion (US$3.18 billion) in a cash-and-stock fusion that reshapes the global gaming landscape.
Cryptocurrency mining in 2025 bears little resemblance to its plug-and-play origins. A relentless rise in network difficulty, five-figure ASIC price tags and soaring power costs have squeezed home miners to the edge of viability.
Motilal Oswal Financial Services has issued a BUY recommendation for ACME Solar Holdings, projecting a robust 39% upside with a target price of Rs 347 per share.
