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BSE:TMCV 10 December 2025

Tata Motors CV Share Price Hits Record High as Ambit Sees 19% Upside; Stock Still Trades at 6% Discount to Ashok Leyland

Tata Motors CV Share Price Hits Record High as Ambit Sees 19% Upside; Stock Still Trades at 6% Discount to Ashok Leyland

Tata Motors Commercial Vehicles hit a record intraday high of ₹383 on December 10 after a 17% rally in two weeks. The surge pushed its market cap to ₹1.36 trillion, overtaking Tata Motors Passenger Vehicles. Ambit Institutional Equities initiated coverage with a 'Buy' rating and a ₹430 target, citing strong market share and improving profitability. The stock still trades at a 6% discount to Ashok Leyland.
10 December 2025
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Stock Market Today

  • Pre-IPO Perpetual Futures Volume Soars 6,000x Amid Tech Demand
    June 17, 2026, 7:34 AM EDT. Pre-IPO perpetual futures volume on crypto exchanges surged to $12 billion in June, a 6,000-fold increase from March, driven by tech sector interest. These futures allow traders to speculate on private companies' valuations before public listings without owning shares. Data from CryptoQuant shows monthly volume rising from $2 million in March to $715 million in May, then $12 billion in June. Pre-IPO contracts made up 55% of all crypto equity perpetual trades in June, up from 5% in May. Binance dominated this market, capturing 83% of volume with $10.3 billion, a 20x increase from May. Notable private firms like Quantinuum and SpaceX went public in June, fueling trader demand. OpenAI, another focus, filed confidential IPO paperwork but has not set a date.

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