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NIIT Technologies Ltd gains for fifth session

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NIIT Technologies Ltd is quoting at Rs 1685.5, up 1.8% on the day as on 12:44 IST on the NSE. The stock is up 45.02% in last one year as compared to a 10.5% spurt in NIFTY and a 11.12% spurt in the Nifty IT.

NIIT Technologies Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1685.5, up 1.8% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.48% on the day, quoting at 11995.4. The Sensex is at 40742.49, down 0.31%. NIIT Technologies Ltd has risen around 14.2% in last one month.

 

Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has risen around 5.03% in last one month and is currently quoting at 15895.2, up 0.15% on the day. The volume in the stock stood at 6.98 lakh shares today, compared to the daily average of 8.05 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1672, up 1.16% on the day. NIIT Technologies Ltd is up 45.02% in last one year as compared to a 10.5% spurt in NIFTY and a 11.12% spurt in the Nifty IT index.

The PE of the stock is 36.83 based on TTM earnings ending September 19.

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First Published: Jan 08 2020 | 1:00 PM IST

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