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NIIT inches up on entering into MOU to redefine design education in India

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

30 Aug 2013 Evaluate

NIIT is currently trading at Rs. 19.70, up by 0.05 points or 0.25% from its previous closing of Rs. 19.65 on the BSE.

The scrip opened at Rs. 19.60 and has touched a high and low of Rs. 19.80 and Rs. 19.45 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. 36.65 on 05-Oct-2012 and a 52 week low of Rs. 14.90 on 31-Jul-2013.

Last one week high and low of the scrip stood at Rs. 21.40 and Rs. 19.10 respectively. The current market cap of the company is Rs. 325 crore.

The promoters holding in the company stood at 33.06% while Institutions and Non-Institutions held 31.66% and 35.28% respectively.

NIIT, leading Global Talent Development Corporation and Asia’s largest IT trainer, NIIT University, the University of the Future and Autodesk Inc., a world leader in 3D design, engineering and entertainment software and services has entered into a tripartite Memorandum of Understanding (MOU) to evangelize design as a learning discipline in India. The objective is to promote design literacy, design skilling and research & innovation in design.

Under this significant partnership, NIIT and NIIT University will leverage design tools of Autodesk to offer a host of design programs. NIIT University will set up a design lab and launch masters programs in design to support research and innovation, In addition, various specialized design programs will be launched for college students in verticals such as interface design, application design and media & entertainment design with an aim to create a pool of skilled manpower for these specific industries.

For school students, NIIT will introduce design literacy programs to promote design thinking. NIIT along with Autodesk and a specially constituted Design Advisory Council, set up under the aegis of NIIT University, will be designing the curriculum. More than a million students will be reached in over a decade.

NIIT is a market leading, global managed training services company which provides a comprehensive suite of managed training services including Curriculum Design and Content Development, Learning Administration, Learning Delivery Management, Learning Technology (including LMS), and Advisory Services.

NIIT Share Price

72.03 1.52 (2.16%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Excelsoft Technologi	91.45
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NIIT	72.03
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NIIT inches up on entering into MOU to redefine design education in India

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