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NIIT Technologies trades higher on the bourses

06 Feb 2012 Evaluate

NIIT Technologies is currently trading at Rs. 215.75, up by 5.10 points or 2.42% from its previous closing of Rs. 210.65 on the BSE.

The scrip opened at Rs. 212.10 and has touched a high and low of Rs. 216.85 and Rs. 212.10 respectively. So far 15972 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.80 on 26-Jul-2011 and a 52 week low of Rs. 166.00 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs. 219.00 and Rs. 203.70 respectively. The current market cap of the company is Rs. 1276.77 crore.

The promoters holding in the company stood at 39.18% while Institutions and Non-Institutions held 35.90% and 24.92% respectively. 

NIIT Technologies, the global IT solutions provider has successfully deployed its cargo operations intelligent system (COSYS), a complete cargo management platform, to manage cargo handling operations by Tan Son Nhat Cargo Services, at the Tan Son Nhat Airport, Ho Chi Minh City, Vietnam.

For cargo handling agents and carriers, Tan Son Nhat Cargo Services will use COSYS to offer tailor-made e-freight compliant solutions from single front-end. The deployment continues to greatly enhance the company’s ability to improve customer loyalty by delivering automated service capabilities that can be fully integrated with various airlines cargo system to simplify cargo handling process.

NIIT is a provider of global information technology (IT) learning solutions. NIIT offers training solutions in area of IT, business process outsourcing (BPO), banking, finance and insurance, executive management education and communication and professional life skills. The company operates the largest learning content development facility in the world with capacity of reaching 5 million learners every year. 

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