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NIIT Technologies Ltd eases for fifth straight session

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Capital Market
Last Updated : Mar 27 2019 | 1:50 PM IST

NIIT Technologies Ltd is quoting at Rs 1307, down 0.01% on the day as on 13:24 IST on the NSE. The stock jumped 51.1% in last one year as compared to a 14.03% rally in NIFTY and a 23.15% spurt in the Nifty IT index.

NIIT Technologies Ltd fell for a fifth straight session today. The stock is quoting at 1307, down 0.01% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 11532.15. The Sensex is at 38426.31, up 0.5%.NIIT Technologies Ltd has eased around 1.04% in last one month.Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has eased around 2.06% in last one month and is currently quoting at 15356.6, up 0.33% on the day. The volume in the stock stood at 1.72 lakh shares today, compared to the daily average of 6.48 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1312.8, up 0.17% on the day. NIIT Technologies Ltd jumped 51.1% in last one year as compared to a 14.03% rally in NIFTY and a 23.15% spurt in the Nifty IT index.

The PE of the stock is 29.71 based on TTM earnings ending December 18.

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First Published: Mar 27 2019 | 1:35 PM IST

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