Coforge Ltd.

BSE: 532541 | NSE: COFORGE
Mid Cap | IT - Software
1732.20
50.50 (3.00%)
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NIIT Technologies gains on introducing in-house programme ‘New Ideas More Value’

Date: 28-06-2013

NIIT Technologies is currently trading at Rs. 265.65, up by 1.35 points or 0.51 % from its previous closing of Rs. 264.30 on the BSE.

The scrip opened at Rs. 265.65 and has touched a high and low of Rs. 265.65 and Rs. 265.65 respectively.

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. 240.00 on 21-Dec-2012.

Last one week high and low of the scrip stood at Rs. 277.90 and Rs. 261.00 respectively. The current market cap of the company is Rs. 1603.29 crore.

The promoters holding in the company stood at 31.29 %, while Institutions and Non-Institutions held 47.31 % and 21.40 % respectively.

In a bid to build a sustainable competitive advantage, NIIT Technologies has introduced an in-house programme ‘New Ideas More Value’. The programme seeks to deliver superior service, increase customer loyalty and help in forging strong service partnerships. The programme aims to help NIITians focus and differentiate and at the same time come out with ideas that add value to the company’s service delivery.

To achieve this transformation, the company has selected 30 employees, who are fully prepared and are currently educating 2,500 NIITians from the identified top five accounts as Phase I of the programme. These 30 employees include 13 Chairman Quality Club (CQC) members and 17 other senior leaders.

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.