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Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car. Separately, on Tuesday, Chinese EV maker Nio said it had signed a deal with battery giant CATL involving cooperation on a passenger car battery swap network.
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Axis Securities has given a buy call on JSW Energy with a target price of Rs 565. The brokerage believes that after recent price corrections and anticipated summer demand, the current price of Rs 524.65 offers a good entry point. The company reported a consolidated total income of Rs 2640.04 crore for the quarter ended 31-12-2024.
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