INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on NIIT Technologies Ltd
with a target price of Rs 1165.0
The current market price of NIIT Technologies Ltd
is Rs 1135.05 Time period given by the analyst is Intra Day when NIIT Technologies Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 1120.
NIIT Technologies Ltd., incorporated in 1992, is a midcap IT company with a market
cap of Rs 6979.06 crore.
NIIT Technologies Ltd
key Products/Revenue Segments include Sale of services which contributed Rs 1587.50 Crore to Sales Value (99.52 % of Total Sales) and
Software Others which contributed Rs 7.60 Crore to Sales Value (0.47 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 788.80 Crore, up 4.27 % from last quarter Sales of Rs
756.50 Crore and up 5.92 % from last year same quarter Sales of Rs 744.69 Crore Company has reported net profit after tax of Rs 97.30 Crore
Thadani, Ms.Holly Jane Morris
Company has Price Waterhouse as its auditoRs As on 31-03-2018, the company has a total of 61,456,124 shares outstanding
