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NIIT trades in green on the BSE

27 Nov 2012 Evaluate

NIIT is currently trading at Rs. 32.35, up by 0.30 points or 0.94% from its previous closing of Rs. 32.05 on the BSE.

The scrip opened at Rs. 32.50 and has touched a high and low of Rs. 32.90 and Rs. 32.15 respectively. So far 11,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.25 on 30-Mar-2012 and a 52 week low of Rs. 29.55 on 07-Sep-2012.

Last one week high and low of the scrip stood at Rs. 32.90 and Rs. 31.70 respectively. The current market cap of the company is Rs. 534 crore.

The promoters holding in the company stood at 33.06% while Institutions and Non-Institutions held 36.83% and 30.11% respectively.

NIIT China (Shanghai) a second level step down subsidiary of the NIIT, has signed a strategic level MoU with Hainan Resort Science & Technology City Development Service Co., wherein NIIT will support a large-scale talent development project aimed at creating a Human Capacity infrastructure in the Hainan Province. This project is approved by China’s National Development and Reform Commission over a 5 year time frame starting 2013, NIIT’s participation in this project will be through creation of trained manpower for Hainan’s IT outsourcing.

The aforesaid MOU is a preliminary understanding at this stage and exact nature of obligations / duties of the parties shall be finalized only subsequently after mutual discussions.

NIIT is a provider of global information technology (IT) learning solutions. NIIT offers training solutions in area of IT, business process outsourcing (BPO), banking, finance and insurance, executive management education and communication and professional life skills. The company operates the largest learning content development facility in the world with capacity of reaching 5 million learners every year.

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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