NIIT Ltd
NIITLTD

77.40

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Turnover (lac)
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Day's Vol.(shares)

77.65

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Buy
Reco. Price
Rs 77.85
We recommend BUY on account of geographical expansion and favourable prospects for software testing outsourcing market. This will be further supported by Skill India Initiatives where the products have high relevance. The stock trades at premium P/E valuation of ~34x FY18E. (Target: Rs.86)
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50 DMA (.)
79.34
100 DMA (.)
81.27
200 DMA (.)
83.96
Weekly Range (.)
73.20
79.70
Monthly Range (.)
71.80
80.00
52 Weeks Range (.)
68.75
107.95
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