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NIIT gains on entering into L&D agreement with Pitney Bowes

05 Jun 2018 Evaluate

NIIT is currently trading at Rs. 97.20, up by 1.15 points or 1.20% from its previous closing of Rs. 96.05 on the BSE.

The scrip opened at Rs. 97.50 and has touched a high and low of Rs. 97.50 and Rs. 96.30 respectively. So far shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 125.00 on 23-Apr-2018 and a 52 week low of Rs. 83.50 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 102.60 and Rs. 95.10 respectively. The current market cap of the company is Rs. 1600.96 crore.

The promoters holding in the company stood at 31.70%, while Institutions and Non-Institutions held 30.20% and 38.10% respectively.

NIIT has entered into a five-year long-term Learning and Development (L&D) agreement with Pitney Bowes. Under this agreement, NIIT will take over the majority of L&D activities at Pitney Bowes with the exception of leadership and managerial development.

As per the agreement, NIIT will deliver a comprehensive L&D portfolio of managed training services for Pitney Bowes including learning consulting, demand management, design and development, learning delivery, administration, technology support, and vendor management. Pitney Bowes is a global technology company providing commerce solutions that power billions of transactions.

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

NIIT Share Price

103.70 -0.95 (-0.91%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
NIIT Learning System 237.75
Excelsoft Tech. 83.38
Aptech 104.90
NIIT 103.70
Compucom Software 13.29
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