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Mahindra EV Plans: The investment by British International Investment will be in the form of compulsory convertible instruments at a valuation of up to INR 70,070 crore, resulting in 2.75% to 4.76% ownership for BII in the EV Co. The EV Co. will focus on four-wheel (4W) passenger electric vehicles, the company said.
'Even though the company has not appointed a banker to commence fund raising, the EV business of the company continues to attract interest from investors,' clarifies M&M
Shares of SunPower Co. (NASDAQ:SPWR – Get Rating) gapped up prior to trading on Thursday . The stock had previously closed at $13.07, but opened at $13.67. SunPower shares last traded at $13.52, with a volume of 1,170,266 shares changing hands. Analyst Ratings Changes Several brokerages recently issued reports on SPWR. Wells Fargo & Company […]
SunPower Co. (NASDAQ:SPWR – Get Rating)’s share price was up 6.7% during mid-day trading on Wednesday . The company traded as high as $13.23 and last traded at $13.02. Approximately 3,232,427 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 4,382,792 shares. The stock had previously closed at […]
SunPower Co. (NASDAQ:SPWR – Get Rating)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $12.23 and last traded at $12.41, with a volume of 406490 shares traded. The stock had previously closed at $12.60. Analyst Upgrades and Downgrades Several analysts have issued reports on […]