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Posted on March 7, 2025, by Niftynews Broadcom shares experienced a remarkable 16% surge in after-hours trading following the company’s impressive first-quarter earnings report, which exceeded Wall Street’s expectations. This surge in Broadcom stock can be attributed to the growing AI chips demand, with the company well-positioned to benefit from the increasing need for Broadcom AI…
Posted on March 7, 2025, by Niftynews Nykaa share price surged by 2.5% on March 7, 2025, after UBS, a prominent Swiss brokerage, upgraded Nykaa stock from “Neutral” to “Buy.” The brokerage firm lowered its target price slightly to ₹200, down from ₹205, signaling an 18.48% upside from the previous close of ₹168.80 on March 6,…
Posted on March 7, 2025, by Niftynews RITES Stock Price (BSE: RITES) surged more than 5% on Friday after the company announced the receipt of a Letter of Acceptance (LoA) for a major infrastructure project valued at ₹27.96 crore. The RITES share price hit ₹224.80 per share, marking a significant rise following the news. Why RITES…
Posted on March 7, 2025, by Niftynews Why Varun Beverages Share Price Soared 17% After Hitting 52-Week Low Varun Beverages share price, the largest PepsiCo bottler outside the United States, has experienced a remarkable 17% rebound in its stock after hitting a 52-week low of ₹419.55 on March 3, 2025. This comeback is a welcome turn…
Posted on March 7, 2025, by Niftynews Amazon stock saw a significant drop of 10.7% in February, despite reporting impressive financial results for 2024 that exceeded expectations. The drop has left many investors wondering about the company’s future prospects, especially considering a looming $100 billion capital expenditure (capex) for 2025. Here’s a breakdown of why Amazon…
Posted on March 7, 2025, by Niftynews Microsoft stock price has recently faced an adjustment, with Stifel analysts cutting their price target for Microsoft to $475 from a previous target of $515. This revision comes amid the company’s focus on managing capital expenditures (capex) and transitioning from potential growth in generative AI (genAI) to ensuring the…
Posted on March 7, 2025, by Niftynews Gensol Engineering shares have experienced a dramatic drop, falling 40% in the past three trading sessions. The stock recently hit a fresh 52-week low of Rs 335.35 on the Bombay Stock Exchange (BSE). This significant plunge has caused the company’s market capitalization to shrink to Rs 1,274.41 crore, alarming…
LIC Housing Finance Share Price Gains After Borrowing Approval Shares of LIC Housing Finance Ltd surged on Thursday, March 7, 2025, following the approval of a significant borrowing budget by its Board of Directors. The state-run mortgage lender announced plans to raise over ₹1.22 lakh crore in FY26, boosting investor confidence. Stock Performance on NSE…
Posted on March 6, 2025, by Niftynews Stocks to buy for medium-term: Anand Rathi, a well-known brokerage firm, has identified four stocks with a strong technical outlook that could provide up to a 26% upside in the next 6 to 9 months. The stock picks include Gujarat Mineral Development Corporation (GMDC), JSW Energy, Premier Energies, and…
Posted on March 6, 2025, by Niftynews Voltas share price saw a notable rise, thanks to a favorable outlook surrounding the air conditioning industry. The Indian Meteorological Department has forecasted a hotter-than-usual March, which has led to a surge in demand for cooling products, particularly air conditioners. This has positively impacted the stock price of companies…