Nice Ltd Financial Update
Nice Ltd, a technology company based in Ra’Anana, Israel, specializes in multimedia content management and transactional data solutions. Listed on the Tel Aviv Stock Exchange, the company’s shares closed at 55,970 ILS on June 25, 2025. Over the past year, the stock has fluctuated between a high of 79,130 ILS on November 13, 2024, and a low of 49,840 ILS on March 3, 2025.
International Market Performance
A recent analysis by Finanzen.net highlighted the performance of Nice Systems, a related entity, on the NASDAQ Composite Index. Three years ago, the stock was trading at 193.20 USD. An investment of 1,000 USD at that time would have resulted in owning approximately 5.176 shares. As of June 30, 2025, the stock’s value decreased to 168.91 USD, indicating a loss for early investors.
Local Developments in Bengaluru
In Bengaluru, NICE Road, managed by NICE Ltd., has seen a revision in toll rates effective from July 1, 2025. The increase, part of a scheduled update under a concession agreement with the Karnataka government, will see tolls for two-wheelers and cars rise by ₹3 to ₹5 per journey.
Additionally, Bengaluru’s auto-rickshaw fares are set to increase for the first time since 2021. The new rates will charge ₹36 for the first 1.9 km, up from ₹30, and ₹18 per additional kilometre, replacing the previous rate of ₹15.
Infrastructure and Safety Concerns
The M Chinnaswamy Stadium in Bengaluru has experienced a power cut due to fire safety violations. The Bengaluru Electricity Supply Company (BESCOM) disconnected the power supply following directives from the Department of Fire and Emergency Services. The stadium is currently relying on generators for power.
New Ventures
Rapido is preparing to launch its new food delivery app, Ownly, in Bengaluru. The pilot phase will focus on Koramangala, HSR Layout, and Sarjapur, with plans to expand to ten cities by July next year.
Other News
In unrelated news, Niche Capital Emas Holdings Bhd has entered a joint-venture agreement to develop the KK Hill gold mine in Jeli, Kelantan, for five years. This agreement grants exclusive rights to Niche Capital Mining, formerly known as Forte Glory Sdn Bhd.
These developments reflect both the challenges and opportunities facing Nice Ltd and its associated entities in the current market landscape.