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Asia
The Hindu BusinessLine

Tech Query: Bharat Forge, Hatsun Agro Products, NRB Bearings, Sandur Manganese & Iron Ore - What is the outlook? Where are these stocks headed?

I have Bharat Forge shares. My average purchase price is ₹735. Can I continue to hold or book profit? Bharat Forge (₹1,976): The recent fall from the high of ₹2,293 is happening from around a strong long-term trendline resistance. This gives an early sign of top formation. Immediate resistance is around ₹2,000. Above that, the ₹2,050-₹2,080 region is the next strong resistance. A decisive rise above ₹2,080 is needed to turn the sentiment positive and go back up to ₹2,200-₹2,300 levels. But such a rise looks less likely. The bias is negative. There is room for a fall to ₹1,750-₹1,700 and even ₹1,620-₹1,600 in the next two-three months. So, it is better to exit the stock here and book profits. Whenever you enter any trade, identify major resistances and have a specific target. This will help to exit a trade before any major reversal happens. I have bought Hatsun Agro Products at ₹1,067. What is the outlook? Can I continue to hold or exit? Hatsun Agro Products (₹1,139): The stock is stuck inside a wide range of ₹730 and ₹1,380 for more than four years. Within this, the price is coming down after touching a high of ₹1,350 earlier this month. This indicates that the broader sideways range is still intact. Immediate support is at ₹1,135. A break below it can drag the price lower to ₹1,035 initially. It will also keep the downside open to see ₹900-₹800 levels. A sustained rise above ₹1,400 will confirm the bullish range breakout. Such a break will clear the way for a fresh rally to ₹2,000 in the long term. For now, you can exit the stock. You can consider re-entering this stock again once a bullish breakout above ₹1,400 happens. What is the long-term outlook for NRB Bearings? I have bought this stock at ₹266. Should I exit? NRB Bearings (₹526): The stock has surged on Friday. It hit a new high of ₹535 and has closed higher. Support is at ₹450 which is holding very well. The outlook is bullish. There is potential to see ₹630-₹650 on the upside from here. Keep a stop-loss at ₹430 and hold the stock. Move the stop-loss higher to ₹490 when the price goes up to ₹570. Revise the stop-loss higher to ₹520 and ₹570 when the share price touches ₹590 and ₹605, respectively. Exit the stock at ₹630. The stock has been very volatile recently. So, if the price falls below ₹450, adhere to the stop-loss strictly and exit the stock. A subsequent fall below ₹420 will increase the danger of seeing ₹360 and lower levels. I have Sandur Manganese & Iron Ore shares. My purchase price is ₹220. What is the outlook? Sandur Manganese & Iron Ore (₹185): The stock seems to be struggling to get a sustained rise above ₹240. A crucial support is around ₹170. A break below it will indicate a bearish trend reversal. In that case, the share price can fall to ₹145 initially. A further break below ₹145 can then see the price tumbling towards ₹115. To avoid this fall, the stock has to sustain above ₹170 and rise past ₹220. Only then it will get a breather. Also, a sustained rise above ₹240 is needed for the share price to go up towards ₹300 and higher. Since there is a danger of breaking below ₹170, it is better to exit the stock and accept the loss. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

Tech Query: Bharat Forge, Hatsun Agro Products, NRB Bearings, Sandur Manganese & Iron Ore - What is the outlook? Where are these stocks headed?
Europe
BBC Business

Can Europe recharge its battery industry?

Europe has taken some big swings in the battery industry in recent years and has made a couple of high-profile misses. Both Sweden's Northvolt, external and Norway's Morrow, external filed for bankruptcy and there are fears in Europe that the continent has missed another technology shift. With more transport and industry switching from fossil fuels to electricity, batteries are likely to be a growth business. But the length of time required to bring new products to market, coupled with brutal competition, especially from China, means taking a substantial risk. Could the answer lie at an almost unimaginably small scale? An increasing number of investors and researchers think so. A single nanometre is one-billionth of a metre, but it's at that level that some of the most consequential work is being done. "If you can make this work, it touches so many industries [but] it's a risky business," says Christian Rood, chief executive of Dutch tech firm LeydenJar. Named after a 18th century precursor to electric cells, LeydenJar uses a technique known as plasma deposition to make a lighter, more efficient anode – an essential component of all batteries. Silicon is a highly effective and cheap material to use in anodes, but pure silicon expands and contracts as the battery operates and is recharged, which causes it to crack. However, using plasma deposition, LeydenJar can - layer by tiny layer - make an ultra-thin pure silicon foil which resists cracking, allowing a significant increase in battery life, charging speed, and energy density (up to 50%, according to LeydenJar). "Where normally a pure silicon anode would fall apart, [this] remains stable, so it was a very wonderful invention," says Rood. Commercial-scale production will start at the end of 2026, but it has taken 10 years to get to this point – the very definition of the time and investment required for so-called Deep Tech innovations.

Can Europe recharge its battery industry?
Asia
The Hindu BusinessLine

India set for decades of strong growth, says Tata Sons Chairman N Chandrasekaran

N Chandrasekaran, Chairman, Tata Sons, and K V Ramani, Founder and Chancellor, SAI University, at the convocation of Sai University 2026 batch in Chennai, on September 19, 2026. | Photo Credit: Bijoy Ghosh India is poised for strong economic growth over the next several decades, creating significant opportunities for the younger generation, said N Chandrasekaran, Chairman, Tata Sons, here on Saturday. India was entering a period of economic growth that could be “unparalleled in our own history and unparalleled with any part of the world,” even as Artificial Intelligence, technology and regulatory change reshape the global economy, he said addressing graduates at the Sai University convocation on Saturday. Chandrasekaran said the graduates were entering the workforce at a time of rapid technological, economic and regulatory change. While artificial intelligence had raised concerns about job losses, technology would also open up a range of new opportunities, he added. #WATCH | Chennai, Tamil Nadu: Chairman of Tata Sons, Natarajan Chandrasekaran says, "... I have learnt and imbibed two things in my life, which I want to share with you. I am a runner. A famous marathon runner, Juma Ikangaa, once said, "The will to win means nothing without the… https://t.co/cIgCL43vsOpic.twitter.com/fYhzlrTOiB “The world is full to the brim with possibilities,” he said, adding that AI would create opportunities and industries that were difficult to imagine today. Within five years there could be industries that do not exist today, along with new areas of employment and new terminology that graduates would not be familiar with at present, he added. N Chandrasekaran, Chairman, Tata Sons, receiving a Honorary Doctor of Science certificate from K V Ramani, Founder and Chancellor, Sai University, at the convocation of Sai University 2026 batch in Chennai, on September 19, 2026. | Photo Credit: Bijoy Ghosh Chandrasekaran urged graduates to prepare themselves for a long professional journey, comparing a career to a marathon. He suggested adopting a “dual race” mindset — pursuing long-term objectives while also seeking shorter-term wins that provide momentum. “If you are from a computer science background, you may do something else for one year and if you are not keeping pace, you will get outdated,” Chandrasekaran added. He also urged graduates to remain curious, be open to ideas and develop the ability to work with people with different skills. As problems become increasingly complex, no individual could possess all the knowledge required to address them. Building teams with complementary capabilities would therefore be important, he said.

India set for decades of strong growth, says Tata Sons Chairman N Chandrasekaran
Asia
The Hindu BusinessLine

Technopark engineering lab becomes ‘first in country’s IT parks’ to get NABL accreditation

The engineering laboratory of IT hub Technopark here has received accreditation from the NABL, making it "the first IT park" in the country to get the recognition. The accreditation has been granted for meeting the general requirements for the competence of testing and calibration laboratories, according to a statement. Congratulating officials and support staff on the NABL accreditation, Technopark CEO Sandeep Kumar, IAS, said it made Technopark the only IT park in the country with a NABL-accredited engineering laboratory—ensuring quality and sustainable infrastructure development. Technopark had opened civil and electrical engineering laboratories on its Phase I campus last year. "The facility is a testament to ensuring the standards and quality assurance of construction and electrical works, including LT and HT materials. The lab has positioned Technopark to ensure the quality of its infrastructure works as well as provide necessary technical guidance to its co-developers," the CEO said. Madhavan Praveen, Chief Technical Officer, Technopark, described the accreditation as a significant achievement for Technopark and its Engineering Department. "The task was challenging and required sustained effort, dedication and close coordination as a team. Through our collective commitment, we were able to accomplish it. We now look forward to taking this momentum forward and working towards the next phase," he said. The NABL-accredited lab will further strengthen quality control in Technopark's infrastructure works by supporting informed engineering decisions, material-performance verification, compliance monitoring and the reliability of built infrastructure, the statement said. The laboratories are designed to serve as a hub for testing various parameters and assessing the quality of construction and electrical materials used in Technopark's works. The Engineering Department of Technopark has developed the laboratories to conduct tests according to IS specifications and provide results in a timely manner, it said. Developers and companies located in and around Technopark can also use the laboratory to ensure the quality and compliance of their construction materials and works with applicable specifications. The electrical laboratory has provisions for repairing LED fixtures, drivers and other components, which could help reduce e-waste and costs, the statement said. The laboratory currently has facilities for testing concrete and construction materials for various parameters.

Technopark engineering lab becomes ‘first in country’s IT parks’ to get NABL accreditation
North America
CNBC Finance

The U.S. is trying to reduce its reliance on China for batteries. Here's what it's up against

The Trump administration has been trying to build up the U.S. battery supply chain and reduce its reliance on China. But the funding it has set aside for the effort is small compared with what would be needed to substantially loosen China's grip on the industry, according to analysts and executives who spoke with CNBC. The Department of Energy awarded $500 million this August to seven companies related to battery minerals or materials, manufacturing or recycling. It is part of a much larger push by the administration to secure critical minerals and other materials. It also follows the cancellation of many Biden-era policies that supported battery manufacturing and funding for electric vehicles — by far the largest market globally for battery tech. This is the first round of funding by the Trump administration under two $3 billion DOE battery technology and materials programs that were created through the Biden-era Infrastructure Investment and Jobs Act. Boosting the U.S. battery supply chain had been a high priority for the Biden administration, said Richard Wang, CEO of Voya Energy, a battery technology company. "A lot of those policies have reversed themselves under the Trump administration and/or shifted," he said. The efforts come as China has a majority of the global share of several points along the battery supply chain — from raw minerals and chemicals all the way to finished products like electric vehicles and energy storage systems. "It takes decades and tens, if not hundreds of billions of dollars" to achieve the kind of comprehensive scale across the supply chain that China now has, said Tu Le, founder and managing director of Sino Auto Insights. "We don't have decades. We have five, six, seven years to try to become competitive." China is a major supplier of several critical minerals used in batteries, including graphite. But its real strength is in refining and processing. The country's share of mineral refining has grown since 2020, according to the International Energy Agency. China used that position as leverage in 2025, when it imposed strict export controls on rare earths and a range of other minerals and processing equipment. Several companies receiving DOE funds target spots where China has a strong presence. Coreshell Technologies, which was awarded $50 million by the department, makes battery anodes — an essential battery component — from domestically sourced silicon, rather than Chinese-sourced graphite. Lilac Solutions, meanwhile, received $100 million. That company has a method for extracting lithium from salt water brine, skipping a common refining process typically needed to get the material from hard rock. The global lithium market grew from about 150,000 metric tons in 2015 to 1.5 million metric tons in 2025, said Raef Sully, CEO of Lilac Solutions. The bulk of that growth came from lithium extracted from hard rock mines in the form of a mineral called spodumene. That rock needs to be processed to extract lithium, and 95% of spodumene processing happens in China, Sully said. "If you use our technology, you're producing battery grade lithium carbonate or hydroxide at the site of production," Sully said. "And you're bypassing that important step, that processing step that China has a chokehold on today."

The U.S. is trying to reduce its reliance on China for batteries. Here's what it's up against
Europe
The Guardian

US bans Canadian dairy, alcohol and motorcycles as trade war with longtime ally escalates

The US and Canada have long sparred over trade, particularly Canada’s protected dairy market and its subsidies for producers of softwood lumber. Photograph: Saul Loeb,andrej Ivanov/AFP/Getty ImagesView image in fullscreenThe US and Canada have long sparred over trade, particularly Canada’s protected dairy market and its subsidies for producers of softwood lumber. Photograph: Saul Loeb,andrej Ivanov/AFP/Getty ImagesUS newsUS bans Canadian dairy, alcohol and motorcycles as trade war with longtime ally escalatesThe measure comes as Canada imposes $20bn in retaliatory tariffs and Canadian prime minister Mark Carney vows to reduce his country’s economic dependence on the US The US is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said Tuesday, as the trade war between the two neighbors and longtime allies escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on $20bn in US imports earlier Tuesday. Donald Trump also moved Tuesday to shut Canadian products out of large, long-term US government contracts as Canada’s retaliatory tariffs took effect and prime minister Mark Carney vowed to speed efforts to reduce the country’s dependence on the United States. The US president directed the General Services Administration to declare Canadian products ineligible for those contracts until Canada allows “full and fair reciprocity″ for American products. Carney said Tuesday that Canada’s strategy was about becoming more independent. “It’s about ensuring that no country can hold us hostage. And that we can live how we want to live.” The rupture has upended one of the world’s closest relationships. On 22 August, the US imposed 50% tariffs on about 5% of Canadian imports, charging that Canada had unfairly treated the American dairy, alcoholic beverage and auto industries. The US and Canada have long sparred over trade, particularly Canada’s protected dairy market and its subsidies for producers of softwood lumber. But they remained friends and staunch allies. Under Trump, US-Canada relations have deteriorated rapidly. In addition to imposing tariffs on Canadian products, Trump has repeatedly made inflammatory comments about making Canada the 51st US state. Carney came to power in a come-from-behind political victory last year by promising to stand up to him. Some Canadian provinces have banned the sale of US alcoholic products – a move that prompted the retaliatory US ban on Tuesday. How the trade war ends could carry consequences far beyond Canada, testing whether a smaller US ally can resist Trump’s economic pressure without being forced to yield. Earlier on Tuesday, a Canadian official said Ottawa did not intend to change course regardless of whether Trump responded with nothing or what the official called a “nuclear response”. The government’s strategy will remain focused on building more at home and diversifying trade abroad, the official said.

US bans Canadian dairy, alcohol and motorcycles as trade war with longtime ally escalates
Asia
The Economic Times

Gland Pharma and CAMS among 5 smallcap stocks sold by mutual funds in August

Smallcaps led the majority of inflows for Autos, Discretionary and Logistics, whereas small-cap Consumer Durable companies led the outflows within the Durable sector in August 2026. Here are top five small cap stocks sold by mutual funds in August, according to a report by Dolat Capital Gland Pharma, a healthcare sector stock, was sold by mutual funds in August. The net sell value was Rs 562 crore. LIC Housing Finance, a finance sector stock, was sold by mutual funds in August. The net sell value was Rs 425 crore. Gujarat Energy, an oil & gas sector stock, was sold by mutual funds in August. The net sell value was Rs 415 crore. CAMS, a finance sector-based stock, was sold by mutual funds in August. The net sell value was Rs 368 crore. Amber Enterprises India, a consumer durables sector stock, was sold by mutual funds in August. The net sell value was Rs 315 crore.

Gland Pharma and CAMS among 5 smallcap stocks sold by mutual funds in August
Europe
BBC Business

Ryanair boss O'Leary defends 'high-fare rapists' airlines remarks

Image source, Getty ImagesByKaty Austin, Transport correspondent and Mitchell Labiak, Business reporterPublished11 September 2026Ryanair chief executive Michael O'Leary has refused to apologise to a rape crisis centre which criticised him for describing rival airlines as "high-fare rapists". Speaking to journalists, O'Leary said some people were "desperate to get to Ryanair's low fares because they can't afford to fly with the high-fare rapists around Europe". O'Leary doubled-down on his choice of words when asked about them at the time, and later refused to apologise when the Dublin Rape Crisis Centre (DRCC) wrote to him asking for apology, in a letter seen by the BBC. Ireland's deputy premier Simon Harris said it was "clearly an inappropriate use of language" and that O'Leary "should have moved to rectify it". Transport Secretary Heidi Alexander told UK radio outlet LBC that victims of rape are "not going to be rushing to book tickets with him, let's be honest". O'Leary made the comments on Thursday while talking to journalists ahead of Ryanair's yearly meeting with shareholders. Asked by a reporter from the Press Association whether the language was appropriate, he said: "Absolutely." "British Airways, Lufthansa, and everybody else's high fares, I'll happily offend them on a regular basis," he added. Asked whether it would offend sexual assault victims, he said rape was "a terrible crime". Following O'Leary's comments, the DRCC's chief executive Rachel Morrogh wrote to O'Leary accusing him of trying to get a headline with his comments. She said the DRCC had received calls from rape victims who were "upset and distressed because of what you said". She offered O'Leary training on the impact of sexual violence and urged him to apologise.

Ryanair boss O'Leary defends 'high-fare rapists' airlines remarks
North America
CNBC Economy

China's imports in August miss estimates as exports pick up pace amid calls for rebalancing trade

China's trade growth picked up in August, though imports missed expectations, a sign that domestic demand remains tepid as the world's second-largest economy faces mounting pressure to rebalance trade. Exports grew 25% in U.S. dollar terms in August from a year earlier, official customs data showed Tuesday, in line with Reuters-polled analysts' forecast, quickening from 23.9% increase the previous month. Imports rose 28.2% last month, missing economists' estimates of 30% in a Reuters poll, but gathering momentum from 27.5% in July. As a result, China's trade surplus swelled to $119.09 billion from $112.5 billion in July. Exports have become the primary growth driver for China's economy, as surging demand for high-tech components amid a global build-out of AI infrastructure has helped cushion the drag from geopolitical shocks, sluggish domestic demand and a slump in investment. Policymakers set a target range of 4.5-5% for China's gross domestic product growth this year, but momentum has sputtered after a solid start to the year, with growth slowing to a more than three-year low of 4.3% in the second quarter. Data released last month showed domestic demand and investment weakened further in July, while manufacturing activity contracted for a second straight month. Neo Wang, China strategist at Evercore ISI, expects growth to regain some momentum in the second half of this year, encouraged by the "sense of urgency and determination in Beijing's recent policy communications," as well as stabilizing manufacturing activity in August. Fiscal spending by the government has accelerated in recent weeks, helping arrest the decline in investment and restore stability, Wang said. Chinese government plans to fund a $54 billion capital injection into several state-owned banks and insurers, as Beijing seeks to bolster growth with constrained stimulus. The offshore yuan barely moved after the data release on Tuesday, standing at 6.7099 per U.S. dollar. The Chinese currency has outperformed its Asian peers this year, strengthening 3.8% year to date against the greenback. The breakout performance in China's exports has drawn scrutiny from Western trading partners, demanding that Beijing rebalance its trade and boost domestic demand. Group of 20 finance ministers gathered in the U.S. earlier this month and issued a joint statement criticizing economies that rely heavily on exports, with China being the only dissenting member. Beijing pushed back on the trade complaints, calling them "an excuse to pressure and restrict China." People's Bank of China Governor Pan Gongsheng said during a speech at the G20 summit that China has never actively pursued a trade surplus, nor has it depreciated the currency to gain trade competitiveness. He added that the country's market would remain open for foreign businesses.

China's imports in August miss estimates as exports pick up pace amid calls for rebalancing trade