NIIT Tech enters into agreement with Ofcom

The company has entered into an agreement with Ofcom the UK communications regulator for provision of ICT services.

Shares of NIIT Technologies Ltd are currently flat at Rs.541 on BSE. The company has entered into an agreement with Ofcom the UK communications regulator for provision of ICT services.

The scrip opened at Rs. 537 and has touched a high and low of Rs. 543.8 and Rs. 530.95 respectively. So far 26114(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3281.3 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 632 on 18-Nov-2015 and a 52 week low of Rs. 335 on 26-Mar-2015. Last one week high and low of the scrip stood at Rs. 589 and Rs. 524 respectively.

The promoters holding in the company stood at 30.84 % while Institutions and Non-Institutions held 53.18 % and 15.98 % respectively.

The stock is currently trading above its 50 DMA.