Stock Market News: This stock increased by more than 50% in 5 days, what is the target of the brokerage house

News Topical, Digital Desk : Stock Market News: Due to weak global signals, pressure is being seen in the domestic stock market. However, amidst this pressure, many stocks are affected by the news and apart from the market's own movement, these stocks are seeing a rapid pace. One such stock is Sterlite Technologies. In Tuesday's trading, the stock has seen a jump of about 20 percent. At the same time, the stock has registered a gain of 50 percent in the last 5 days.

In fact, the company has recently launched a new generation data center solution. With this launch, the company's stock has seen a sharp rise. At present, 3 brokerage houses have given advice on the stock, out of which 2 have advised to buy. The stock has now achieved the target of both these brokerage houses.

According to the information given by the company, with the help of this solution, many industries will be helped in creating better data center infrastructure. At present, this product is launched and the company has not received any order for this product. However, buying has been seen in the stock in view of positive signals. The stock reached an all-time high of 119 today, the previous closing level of the stock was 99.41. On June 11, the stock closed at 77. BSE Share: SEBI's decision has dealt a big blow to BSE - keep an eye on the stock According to a report by NDTV Profit, Arihant Capital and Nuvama have advised to buy the stock. Arihant Capital has given a target of 117.2 and Nuvama has given a target of 105. The stock has achieved both these levels. In such a situation, brokerage houses can review the stock again. Apart from this, CLSA had advised to maintain investment in the stock and had given a target of 80. It is possible that CLSA can also review its advice on the stock. 

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