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Ather Energy plans to raise 2,626 crore through an IPO to fund expansion and R&D, while offering 355 crore in an offer for sale. Despite ongoing losses, Ather has shown volume growth with its new 'Rizta' model, increasing its market share.
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Several stocks, including Ultratech Cement and Mphasis, show bullish potential based on open interest and price changes, with analysts providing specific targets and stop losses. Conversely, Tata Steel and Syngene International face bearish outlooks due to technical resistance and disappointing earnings, respectively. Experts suggest trading strategies for both bullish and bearish stocks in the near term.
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Stocks offering short-term trading opportunities include Bharti Airtel, Godrej Consumer, Grasim, Havells, ICICI Bank, Marico, Sun Pharma, Tata Consumer, Navin Fluorine, Persistent Systems, Aarti Industries, and UltraTech Cement.
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