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BloombergQuint | Latest and Live Business, Market, Political and Economy News
02.09.2025
Shares of Tata Motors Ltd fell nearly 1% on Tuesday, after the company reported a 7% decline in total passenger vehicle dispatches in the domestic market to 41,001 units last month from 44,142 units in August 2024.
Ola Electric Mobility Ltd.'s share price spiked nearly 5% on Tuesday following a 18% spike on Monday. The stock has been seeing masisve investor interest from past two weeks as it gained over 40% between Aug. 19 to Sep. 2.
Reliance Industries Ltd. will be a major beneficiary of China's recent drive to curb overcapacity across energy and solar supply chains, also called 'anti-involution'. This triggers a re-rating cycle for RIL for the first time since the Covid-19 pandemic, Morgan Stanley said. Morgan Stanley raised its target price for RIL shares to Rs 1,701 from Rs 1,602.
Tesla Inc’s long-awaited entry into India has delivered underwhelming results so far, with tepid bookings fueling fresh doubts about the company’s global growth outlook.