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NIIT gains on acquiring Eagle Productivity Solutions

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

04 Jan 2018 Evaluate

NIIT is currently trading at Rs. 109.35, up by 1.20 points or 1.11% from its previous closing of Rs. 108.15 on the BSE.

The scrip opened at Rs. 108.75 and has touched a high and low of Rs. 109.65 and Rs. 108.00 respectively. So far 5,024 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 118.85 on 18-Sep-2017 and a 52 week low of Rs. 71.85 on 01-Feb-2017.

Last one week high and low of the scrip stood at Rs. 109.65 and Rs. 99.40 respectively. The current market cap of the company is Rs. 1,821.83 crore.

The promoters holding in the company stood at 34.16%, while Institutions and Non-Institutions held 27.42% and 38.42% respectively.

NIIT has acquired Eagle International Institute, Inc. doing business as Eagle Productivity Solutions (Eagle) through its wholly owned subsidiary, NIIT (USA) Inc. Headquartered in Rochester USA, Eagle is a top-rated global provider that specializes in training solutions for companies adopting sophisticated cloud-based applications in the Pharmaceutical and Life sciences industry.

The blending of these two companies will further help NIIT expand its capabilities in global application rollouts of enterprise applications requiring high adoption and deepen its domain expertise in the pharmaceutical and life sciences domain. In turn, Eagle’s clients will gain access to more evolved service models, expanded capabilities including a richer variety in training content, and a stable and established global structure.

Under the NIIT umbrella, Eagle will continue to exist as an individual practice and maintain its mission to deliver quality, innovation, and above all, results. Eagle also intends to honor all contracts and commitments to all existing customers with no interruption in service.

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

NIIT Share Price

71.46 -0.57 (-0.79%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Excelsoft Technologi	91.78
Aptech	99.42
NIIT	71.46
Compucom Software	14.30
Jetking Infotrain	123.30
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NIIT gains on acquiring Eagle Productivity Solutions

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