Shares of global IT solutions provider NIIT Technologies today surged nearly 14 per cent after the company reported 70.3 per cent jump in net profit for the quarter ended September 30.
The stock ended the day with a sharp gain of 13.81 per cent at Rs 561.15 on the BSE. During the day, it soared 16 per cent to Rs 572.10 -- its 52-week high.
At NSE, shares of the company settled at Rs 561.05, up 13.66 per cent.
The stock gained over 7 per cent on Friday also when the company announced its result. In two days, the company has added Rs 622.1 crore to Rs 3,429.10 crore in market capitalisation.
NIIT Technologies on Friday reported 70.3 per cent jump in net profit at Rs 68.2 crore for the quarter ended September 30 on the back of strong growth in all international geographies.
The company had posted a net profit of Rs 40.1 crore for the corresponding period last year.
The firm's consolidated revenues rose 15.2 cent to Rs 677.9 crore for the reported period as compared to Rs 588.3 crore in the same quarter last year.
NIIT said order intake during the quarter was USD 80 million, resulting in USD 300 million of order book executable over the next 12 months.
