AMARARAJA BATTERIES SHARE PRICE
Make those Li-ion batteries roar
India's demand for lithium-ion batteries is set to exceed 300 GWh by 2030, primarily met through imports. With major investments from companies and government initiatives, India plans to develop its own manufacturing capabilities. Emphasizing mineral security, advanced battery tech, and recycling, the focus is on achieving energy independence and decarbonisation.
More anti-dumping duties to support local Indian chemical companies: Ajay Joshi
So, going forward, as I said, we will see this across segment, where we have two or more domestic manufacturers of the product which are sufficient to cater to the domestic demand.
Ola Electric shares double in just 7 days, valuations now more expensive than Tesla
Ola Electric Share Price: Shares of Ola Electric soar 8% to a new peak of Rs 157.53 on the BSE, surpassing Tesla's valuation. The EV stock has surged 107% from its IPO price of Rs 76 in just 7 trading sessions. On Tuesday, 2.3 crore shares, or 0.5% equity, worth Rs 352.9 crore, changed hands at Rs 151 per share.
Speed machine! Ola Electric shares jump another 10% today, up 92% from IPO issue price
Ola Electric Share Price: Ola Electric Mobility's shares rose by 10%, reaching a 52-week high of Rs 146 on Monday, reflecting a 92% increase from its IPO price. HSBC set a target price of Rs 140, citing regulatory support and cost reduction. In the June quarter, revenue grew by 32% YoY, while losses widened to Rs 347 crore.
Ola Electric shares up 75% from IPO issue price. 3 reasons why HSBC is bullish
Ola Electric Mobility's shares rose 75% to Rs 133, catching investors off guard. HSBC set a target of Rs 140, highlighting sustained regulatory support and cost-cutting measures. The brokerage predicts lower EV manufacturing costs and successful battery production, making EVs more competitive against ICE scooters.
Ola Electric announces integration of its 'Made in India' cells in own EVs by Q1 FY26
Ola Electric revealed plans to use its newly developed 'Bharat cell' lithium batteries in its electric vehicles by Q1 FY26 and announced the upcoming launch of new electric motorcycles. The company reported a 34.32% rise in revenue and record vehicle deliveries, reaching 1,25,198 units in the recent quarter.
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Daily Trading Desk: Two short term trades, first a new age stock for 4% and 8% in a battery maker
Markets consolidated before a holiday, with the Nifty ending flat after initial gains faded. Policy Bazaar shows potential for a breakout from consolidation, while HBL Power Systems has broken a downtrend, suggesting an 8% potential gain, making it an attractive entry point.
View: Automaker Ola Electric’s IPO is putting Modinomics to the test
Ola Electric, a significant Indian automaker, saw its IPO shares soar by 42% early on. The company's future success is closely tied to government policies and subsidies for electric vehicles. Past reductions in incentives impacted demand, indicating the challenges ahead in relying on state support for sustained growth.
Battery Low! Ola Electric shares list at par with issue price of Rs 76
The Ola Electric IPO, which closed on August 6, was oversubscribed by 4.26 times due to strong demand from institutional and retail investors. Ahead of the IPO, the company raised over Rs 2,700 crore from anchor investors such as Nomura and HDFC Mutual Fund. While the company's vision and R&D investments are well-regarded, its ongoing financial losses are a concern.
Ola Electric price target of Rs 140 plus over 12-18 months very reasonable and achievable: Vinit Bolinjkar
Vinit Bolinjkar from Ventura Securities projected significant margin increases and early profitability for Ola Electric by FY27. He set a stock price target of Rs 140 over the next 12-18 months, crediting their battery pack development and market share strategies. Bolinjkar advised subscribing to Ola's IPO and listing for potential gains.
Ather Energy to sign long-term battery supply contract with Amara Raja
Ather Energy, based in Bengaluru and focused on electric two-wheelers, is nearing a deal with Amara Raja Energy & Mobility for a battery supply agreement tailored to the Indian market. This partnership aims to cut import reliance and manage supply and price fluctuations. A formal announcement is expected soon, with battery deliveries projected to start within 12 to 18 months.
Indian Oil sets out its non-oil business plan
Indian Oil Corp aims to triple natural gas sales and increase renewable energy capacity to 31 GW by 2030, while building 5 GWh of lithium-ion battery-making capacity by 2031. The company is diversifying its energy offerings, including a strategic agreement with Japan's Panasonic Energy to explore lithium-ion battery manufacturing opportunities in India.
Coal India ventures into non-coal mineral mining with graphite project
Coal India Limited (CIL) has been granted a composite license for prospecting and mining at the Khattali Chhoti Graphite Block in Alirajpur, Madhya Pradesh. The company is required to pay a mining premium of 150.05% of the value of minerals dispatched to the state government.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 147.5 points up at 23868.8
Exide has surged 80% but still not overvalued? Sudip Bandyopadhyay explains why
Transition from IC to electric vehicle is giving a significant opportunity to the battery manufacturers. And remember, in IC, the battery used to be one component, whereas in EV that is going to be the most important component. The opportunity size for the battery manufacturer in the automobile ecosystem is going up many-many fold, says Sudip Bandyopadhyay
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 183.46 points up at 23721.3
Amara Raja shares rally 20% to fresh highs as company signs agreement for lithium ion batteries
Amara Raja Energy partners with Gotion High-Tech for advanced cell manufacturing, accessing technology, Gigafactory facilities, and battery materials. Collaborations with InoBat strengthen LiB battery development.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 54.41 points up at 23592.25
Vedanta promoted Hindustan Zinc's shares jump 6% on MoU with US battery maker
Hindustan Zinc's shares surged 6% after signing an MoU with AEsir Technologies, Inc. for zinc supply, a key material for next-gen batteries. AEsir specializes in zinc battery tech, part of global energy transition efforts.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 57.85 points up at 23348.0
Technical Breakout Stocks: How to trade UNO Minda, KNR Constructions and Amara Raja Batteries on Friday
UNO Minda rose over 13% to hit a fresh high, KNR Constructions closed with gains of more than 11% and Amara Raja Batteries gained nearly 5% to hit a fresh record high.
Not so well known stakeholders of EV ecosystem: 8 stocks that don't come instinctively, 3 with an upside potential of more than 18%
We also have a whole list, but we have separated the eight companies, just because these companies are not the names which one would instinctively think about and probably they may have more to go as they form this index.
Stock Radar: This battery maker stock turned multibagger in a year; what should investors do?
Exide Industries has given massive returns to its investors in a year and according to experts there is more steam left in the stock. The stock has an upside of 143% in a year. After consolidating in a narrow range for the past few weeks, it gave a breakout from the same this week. The sudden rise followed by consolidation resembles a breakout above a Flag & Pole pattern.
How is the violent unrest in New Caledonia impacting global nickel prices?
Global nickel prices have surged following violent unrest in New Caledonia, a major nickel producer. Social unrest erupted over French constitutional changes allowing certain residents to vote in elections. New Caledonia holds significant nickel reserves, critical for electric vehicles and other industries. The turmoil has disrupted supplies, contributing to the price spike.
TVS Motor Co expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan Venu
TVS Motor Company is expecting electric vehicles (EVs) to account for 25-30% of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. The company plans to invest Rs 5,000 crore in the design, development, and deployment of future technologies, products, and digital capabilities. In FY24, EV sales grew by 101 per cent, reaching 1.94 lakh units. TVS plans to introduce another electric scooter this year, and its EV presence will be across both scooters and motorcycle segments.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 31.6 points up at 22368.0
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 37.8 points up at 19749.25
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 53.75 points up at 19765.2
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