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NIIT gains as its subsidiary enters into strategic tie up with United Bank of India

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

28 Oct 2016 Evaluate

NIIT is currently trading at Rs. 84.30, up by 0.35 points or 0.42% from its previous closing of Rs. 83.95 on the BSE.

The scrip opened at Rs. 84.50 and has touched a high and low of Rs. 85.15 and Rs. 84.05 respectively. So far 70603 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 107.80 on 20-Sep-2016 and a 52 week low of Rs. 67.55 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 90.75 and Rs. 83.60 respectively. The current market cap of the company is Rs. 1396.67 crore.

The promoters holding in the company stood at 34.09%, while Institutions and Non-Institutions held 25.63% and 40.28% respectively.

NIIT Institute of Finance Banking & Insurance Training (IFBI), a subsidiary of NIIT and United Bank of India have entered into a strategic tie up to launch a 12-month Post Graduate Diploma in Banking and Finance. The course, offered at NIIT University, will help the newly recruited probationary officers with robust skills sets and vital insights needed to undertake various roles as versatile banking professionals.

The 12-month Post Graduate Diploma in Banking and Finance aims to develop and empower professionals with necessary skills and knowledge in context of modern-day banking and financial services by developing competencies in 4 dimensions - domain knowledge, technology, application and customer service.

Under this partnership, NIIT IFBI and NIIT University will provide training to candidates, organize academic sessions in specialized areas of banking and finance, provide opportunity to learn banking software - Finacle and also impart business and cultural orientation, at the NIIT University Campus in Neemrana, Rajasthan. On successful completion of the program, the probationary officers will join United Bank of India.

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements.

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
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NIIT	72.03
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NIIT gains as its subsidiary enters into strategic tie up with United Bank of India

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