Ather Energy shares extended their rally on Tuesday after the electric two-wheeler maker reported its first quarterly profit of Rs 1.26 crore in Q2 FY27. Revenue surged 63% year-on-year to Rs 1,464 crore, while EBITDA turned positive. Nomura raised its target price to Rs 2,070 and retained its Buy rating.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion.