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NIIT Technologies trades higher on the bourses

09 Nov 2017

NIIT Technologies is currently trading at Rs. 653.00, up by 9.55 points or 1.48% from its previous closing of Rs. 643.45 on the BSE.

The scrip opened at Rs. 637.00 and has touched a high and low of Rs. 677.15 and Rs. 637.00 respectively. So far 58174 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 696.90 on 31-Oct-2017 and a 52 week low of Rs. 370.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 677.15 and Rs. 628.00 respectively. The current market cap of the company is Rs. 4072.36 crore.

The promoters holding in the company stood at 30.68% while Institutions and Non-Institutions held 55.48% and 13.84% respectively.

NIIT Technologies has been conferred with the 'Automation Project of the Year’ award by Global Sourcing Association (GSA). The award recognizes the company's Robotics Process Automation (RPA) solution for enterprises.

NIIT Technologies deployed RPA for a leading organisation in insurance and reinsurance business to automate risk entries for all its high volume lines of business (Aviation, Cargo, Marine and Terrorism). Automation enabled publishing of accurate and timely reports; manage seasonality of volumes and deliver the work within the stipulated time. The company also automated all the reports on its proprietary framework ‘TermsMonitor’, hence providing single comprehensive enterprise solution bringing together multiple tools into a single platform.

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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