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NIIT Technologies shines on unveiling ‘EXACT Advantage’ for APAC and ANZ market

29 Oct 2012 Evaluate

NIIT Technologies is currently trading at Rs. 280.15, up by 2.10 points or 0.76% from its previous closing of Rs. 278.05 on the NSE.

The scrip opened at Rs. 272.30 and has touched a high and low of Rs. 284.00 and Rs. 272.30 respectively. So far 29.193 shares were traded on the counter.

The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 324.90 on 13-Sep-2012 and a 52 week low of Rs. 164.30 on 22-Dec-2011.

The promoters holding in the company stood at 38.85% while Institutions and Non-Institutions held 36.64% and 24.50% respectively.

NIIT Technologies, a leading global IT solutions organization, has launched ‘EXACT Advantage’ for Asia-Pacific region (APAC) and ANZ market. EXACT Advantage is a proven risk exposure management product in use by leading global insurance and reinsurance companies across Europe. It covers all lines of business with its key focus being commercial and specialty insurance markets.

EXACT Advantage allows underwriters access to relevant and accurate information to assess exposures pre and post contract bind. It brings together the power of a market-leading risk aggregation engine and an advanced global mapping interface utilizing the latest Geographical Enterprise Systems (GIS) technology to assess and monitor risk exposure across multiple lines such as energy (onshore and offshore) and property.

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Middle East, Asia and Australia. It offers services in application development and maintenance, managed services, IP Asset or platform solutions, and business process outsourcing to organizations in the financial services, travel & transportation, manufacturing/distribution, healthcare and government sectors.

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