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NIIT rises on entering into two strategic tie-ups in Ningxia Province of china

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

02 Nov 2016 Evaluate

NIIT is currently trading at Rs 86.70, up by 0.40 points or 0.46% from its previous closing of Rs 86.30 on the BSE.

The scrip opened at Rs. 85.00 and has touched a high and low of Rs. 87.80 and Rs. 83.50 respectively. So far 293888 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. 87.80 and Rs. 83.60 respectively. The current market cap of the company is Rs. 1438.09 crore.

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

NIIT, a global leader in skills and talent development, has entered into two strategic tie-ups in Ningxia Province of china to develop a pool of IT professionals who are aligned to the fast-evolving knowledge economy. Towards this, NIIT has signed a MoU with Yinchuan City Economic and Technology Development Zone to open a training centre and train 2500 learners from universities, colleges and enterprises in next 5 years with financial support from Ningxia provincial government. The company also joined hands with Ningxia University to provide IT training through NIIT Inside Model.

Under the MoU with Yinchuan City Economic and Technology Development Zone, NIIT will establish a training base in public-private partnership model supported by Ningxia Province, to conduct IT training in Digital Transformation technologies. Furthermore, NIIT and Ningxia University, the leading University in Ningxia province also joined hands, wherein NIIT will facilitate state-of-the-art ‘Inside Model’ in the University. ‘NIIT Inside Model’ is a unique curriculum integration model for co-operation with universities and colleges in China where NIIT programs will be embedded in University/College IT curriculum. Students may undergo a 4-year Bachelor Degree program or a 3-year Associate Degree program post 12th grade in Information Technology.

NIIT Share Price

72.03 0.00 (0.00%)

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 rises on entering into two strategic tie-ups in Ningxia Province of china

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