NIIT Technologies surges as its JV launches cloud based GIS platform ‘ArcGIS Online’

18 Feb 2013

NIIT Technologies is currently trading at Rs. 256.90, up by 5.05 points or 2.01% from its previous closing of Rs. 251.85 on the BSE.

The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 264.50 and Rs. 245.00 respectively. So far 27512 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 324.80 on 13-Sep-2012 and a 52 week low of Rs. 227.10 on 04-May-2012.

Last one week high and low of the scrip stood at Rs. 265.00 and Rs. 250.90 respectively. The current market cap of the company is Rs. 1499.13 crore.

The promoters holding in the company stood at 31.33% while Institutions and Non-Institutions held 44.40% and 24.27% respectively.

NIIT Technologies JV - Esri India (NIIT-GIS India) has launched a cloud based GIS platform ‘ArcGIS Online (AGOL)’.  AGOL provides open GIS capabilities to any user allowing access to any application, anywhere, anytime on any device. It facilitates sharing and use of geospatial content within groups of an organization, as well as between organizations and the public, providing a pervasive platform for services.

This innovative platform will find use in many government programs such as public safety, health, utility, infrastructure and business applications like site suitability and location analytics. Individuals can benefit from improved citizen services.

Esri India (NIIT-GIS India), the country’s leading GIS Software & Solutions provider is a joint venture (JV) between NIIT Technologies, the global IT services provider and Esri Inc., USA the global leader in geographic information systems (GIS).

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