NIIT Ltd
NIITLTD

84.30

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84.50

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Buy
Reco. Price
Rs 81.90

Last updated on 03-Jan-2017

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 ~15.6x FY18E. (Target: Rs.90)
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50 DMA (.)
79.11
100 DMA (.)
86.82
200 DMA (.)
84.53
Weekly Range (.)
84.65
89.70
Monthly Range (.)
75.50
89.80
52 Weeks Range (.)
67.40
107.95
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