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NSE:GFCL 7 December 2025

IFC’s $50 Million Bet on Gujarat Fluorochemicals to Build India’s First Integrated Battery Materials Plant

IFC’s $50 Million Bet on Gujarat Fluorochemicals to Build India’s First Integrated Battery Materials Plant

The International Finance Corporation will invest about US$50 million in GFCL EV Products Ltd to build India’s first fully integrated battery materials plant at Jolva, Gujarat. GFCL EV has commissioned its LFP cathode materials facility and plans to begin commercial sales of lithium hexafluorophosphate soon. The project aims to localize the lithium-ion battery value chain and reduce reliance on imported materials.
7 December 2025

Stock Market Today

  • SpaceX Shares Surge After Record IPO: Key Risks and Rewards for Investors
    June 13, 2026, 7:38 AM EDT. SpaceX (NASDAQ: SPCX) debuted on June 12 with the largest IPO ever, opening at $150 and closing at $160.95, a 19.22% increase from the $135 offering price. Elon Musk became the world's first trillionaire after the event. The company commands a leading position with its reusable rockets and the Starlink satellite internet service, which generated $11.2 billion in 2025. However, investors should note risks: a high valuation at $2.1 billion, significant losses driven by its AI venture xAI, and Musk's 82% ownership limiting public influence. With a price-to-sales ratio exceeding 100-far above typical market levels-experts advise caution despite SpaceX's exciting long-term potential.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 13.06.2026

13 June 2026
LIVEMarkets rolling coverageStarted: June 13, 2026, 4:00 AM EDTUpdated: June 13, 2026, 7:42 AM EDT SpaceX Shares Surge After Record IPO: Key Risks and Rewards for Investors June 13, 2026, 7:38 AM EDT. SpaceX (NASDAQ: SPCX) debuted on June 12 with the largest IPO ever, opening at $150 and closing at $160.95, a 19.22% increase from the $135 offering price. Elon Musk became the world’s first trillionaire after the event. The company commands a leading position with its reusable rockets and the Starlink satellite internet service, which generated $11.2 billion in 2025. However, investors should note risks: a high valuation
SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

13 June 2026
SGH closed at A$41.51, up 0.70% but underperformed the S&P/ASX 200’s 1.98% surge, as investors weighed solid cash flow and Boral margin gains against a high 36.03 P/E, mixed demand, and M&A risk; the next key catalyst is FY26 results on August 11, with analysts’ average target at A$47.64, 14.76% above Friday’s close.
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