NIIT Technologies trades jubilantly on the bourses

14 Jan 2016 Evaluate

NIIT Technologies is currently trading at Rs. 571.50, up by 24.50 points or 4.48% from its previous closing of Rs. 547.00 on the BSE.

The scrip opened at Rs. 535.00 and has touched a high and low of Rs. 578.80 and Rs. 530.20 respectively. So far 26109 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 632.00 on 18-Nov-2015 and a 52 week low of Rs. 335.00 on 26-Mar-2015.

Last one week high and low of the scrip stood at Rs. 578.80 and Rs. 524.00 respectively. The current market cap of the company is Rs. 3478.77 crore.

The promoters holding in the company stood at 30.84% while Institutions and Non-Institutions held 53.18% and 15.98% respectively.

NIIT Technologies, a leading global IT solutions organization, has been selected as a strategic partner by Ofcom, the UK’s communications regulator. NIIT Technologies will help Ofcom manage its infrastructure and application systems and offer a customer focused service to improve the users’ experience of ICT services. The value of the contract is 23 million pound over a six year period which includes an initial term of 4 years and extensions.

As a strategic partner, NIIT Technologies will implement a dedicated service delivery model and new service management processes and tools. Key services will include the service desk, data centre services, application management and project management.

NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Infrastructure Management Services, IP Asset or Platform Solutions, and Business Process Management to organizations.


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