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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

  • Playtech: Is This Undervalued FTSE Gaming Giant a Buy?
    May 24, 2026, 2:54 AM EDT. Playtech, a leading gambling technology provider on the FTSE, trades near its lowest levels since 2012, excluding the March 2020 Covid crash. Despite its capital-light B2B model supplying software and live casino platforms, the stock faces structural and regulatory challenges. Notably, a failed Aristocrat Leisure takeover, UK Remote Gaming Duty hikes from 21% to 40% by 2026, and a legal dispute with Evolution AB weigh on investor sentiment. However, Playtech's growth potential outside the UK, leveraging its strong live casino tech in expanding US, Latin American, and Asian markets, offers a bullish case. While regulatory pressures and legal uncertainties remain key risks, the stock's current valuation may present a compelling opportunity for investors seeking exposure to the online gambling sector's expansion.

Latest articles

Nifty Faces Oil Moves, Rupee and Short Week

Nifty Faces Oil Moves, Rupee and Short Week

24 May 2026
The Nifty 50 rose 0.27% Friday to 23,719.3 and the Sensex gained 0.31% to 75,415.35, but both indexes remain down sharply since the Iran war began. The rupee hit record lows, prompting Reserve Bank intervention, and foreign investors have sold $23 billion in Indian shares this year. Markets will close Thursday for Bakri Id, leaving four trading sessions in the week.
Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)

ASX on Watch as Inflation Test Looms After Volatile Week

24 May 2026
The ASX 200 closed up 0.41% at 8,657 on Friday, gaining 0.3% for the week after volatile trading. Investors await April inflation data due Wednesday, seen as key for Reserve Bank of Australia rate expectations after weak April jobs figures cooled rate-hike bets. The Australian dollar traded at 71.36 U.S. cents late Friday. Miners and energy stocks led gains, while consumer and telecom shares fell.
FTSE 100 Today: BP Rally Lifts UK Stocks as Barclays and Taylor Wimpey Fall

UK stocks steady as rate fears ease, but FTSE 100 faces Iran, retail in coming week

24 May 2026
The FTSE 100 rose 2.66% last week, ending a four-week losing streak as traders scaled back expectations for a near-term Bank of England rate hike. Retail sales volumes fell 1.3% in April, and the UK composite PMI dropped to 48.5 in May. The London Stock Exchange is closed Monday for the Spring Bank Holiday. Bodycote shares jumped 19% after a £1.52 billion takeover proposal from Apollo.
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