Wednesday 7 October 2015

NIIT jumps 2.8% after launching online education portal

NIIT announced the launch of NIIT.tv portal. It is an internet TV portal that brings skilling from NIIT classrooms to every digitally connected Indian, for free, and can be accessed on a computer, tablet or smartphone anytime anywhere.


NIIT
NIIT Ltd is currently trading at Rs. 95, up by 2.8% from its previous closing of Rs. 92.7 on the BSE.

NIIT announced the launch of NIIT.tv portal. It is an internet TV portal that brings skilling from NIIT classrooms to every digitally connected Indian, for free, and can be accessed on a computer, tablet or smartphone anytime anywhere.

The scrip opened at Rs. 97.1 and has touched a high and low of Rs. 97.9 and Rs. 93.3 respectively. So far 785071(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1531.13 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 98 on 06-Oct-2015 and a 52 week low of Rs. 34.95 on 27-Mar-2015. Last one week high and low of the scrip stood at Rs. 98 and Rs. 72.2 respectively.

The promoters holding in the company stood at 34.25 % while Institutions and Non-Institutions held 24.03 % and 41.71 % respectively.

The stock is currently trading below its 50 DMA.

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