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NIIT trades jubilantly on signing MoU with Guian New Area

NIIT Ltd. | IT - Education | IT & ITES | BSE: 500304 | NSE: NIITLTD

12 Jan 2015 Evaluate

NIIT is currently trading at Rs. 51.90, up by 3.60 points or 7.45% from its previous closing of Rs. 48.30 on the BSE.

The scrip opened at Rs. 48.50 and has touched a high and low of Rs. 52.15 and Rs. 48.20 respectively. So far 512661 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 65.60 on 13-Jun-2014 and a 52 week low of Rs. 23.10 on 13-Feb-2014.

Last one week high and low of the scrip stood at Rs. 52.15 and Rs. 46.90 respectively. The current market cap of the company is Rs. 806.86 crore.

The promoters holding in the company stood at 34.19% while Institutions and Non-Institutions held 23.14% and 42.66% respectively.

NIIT, a global leader in skills and talent development, has entered into a Memorandum of Understanding (MoU) with Guian New Area in the Guizhou province of China, to offer programs in new-age IT, with special focus on Big Data. Under this MoU, NIIT will offer programs in Big Data as Guian has been identified by the Government of China as the national center for the Big Data Industry.

Apart from this, NIIT will offer wide range of cutting-edge IT skills training across various fields. Currently, there are over 10,000 students studying in the New University Town campus which is likely to grow to nearly 25,000 over the next few years. Hence, there exists a potential to train a large number of students. NIIT will help support the vision of the Guizhou Government and would train these students to develop the next generation of data scientists and business analytics professionals for opportunities in the Big Data industry.

NIIT is a market leading, global learning outsourcing company which provides a comprehensive suite of managed training services including Curriculum Design and Content Development, Learning Administration, Learning Delivery Management, Learning Technology (including LMS), Strategic Sourcing and Advisory Services.

NIIT Share Price

72.03 1.52 (2.16%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Excelsoft Technologi	91.45
Aptech	92.33
NIIT	72.03
Compucom Software	14.22
Jetking Infotrain	127.50
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NIIT trades jubilantly on signing MoU with Guian New Area

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