NIIT trades higher on the bourses

NIIT is currently trading at Rs. 97.50, up by 3.35 points or 3.56% from its previous closing of Rs. 94.15 on the BSE.

The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 100.85 and Rs. 91.15 respectively. So far 3403553 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 98.50 on 07-Oct-2015 and a 52 week low of Rs. 34.95 on 27-Mar-2015.

Last one week high and low of the scrip stood at Rs. 98.50 and Rs. 73.20 respectively. The current market cap of the company is Rs. 1642.99 crore.

The promoters holding in the company stood at 34.25% while Institutions and Non-Institutions held 24.03% and 41.71% respectively.

NIIT, a global leader in skills and talent development, has launched NIIT.tv - a digital learning initiative that brings skilling from NIIT classrooms to every digitally connected Indian, for free, at any time and place of their choice. A disruptive innovation by NIIT for the education space, NIIT.tv will deliver for the very first time, skill-based live courses as well as on-demand courses to the masses, through the digital medium. This initiative promises to meet the vast education, training and skilling needs of the country, in support of the goals of the Ministry of Skill Development and Entrepreneurship and the National Skill Development Corporation (NSDC).

NIIT.tv is an internet TV portal that can be accessed on a computer, tablet or smartphone anytime, anywhere. NIIT will select from the entire population of courses launched each month at various locations and make a certain subset of courses available on NIIT.tv. In the initial phase, over 20 skill-based training programs in IT, Banking and Finance, Retail and Management will be made available through this platform. NIIT will keep updating the content and launch new courses as per industry requirements. These live courses will be streamed through multiple channels from dedicated state-of-the-art studios across India, effectively offering a program calendar equivalent to a multi-channel TV network. All courses would be delivered through videos plus additional online services in the form of digital courseware, collaboration, assessment, etc. To begin with courses will be offered in English and Hindi, and progressively in other languages.

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world’s leading training companies owing to its vast, yet comprehensive array of talent development programs. With a footprint across 40 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions.