NIIT Technologies Ltd soars 1.87%, rises for fifth straight session

NIIT Technologies Ltd is quoting at Rs 1541, up 1.87% on the day as on 12:49 IST on the NSE. The stock is up 17.21% in last one year as compared to a 6.42% drop in NIFTY and a 2.39% drop in the Nifty IT.

Jul 08, 2020 01:07 IST capital market

NIIT Technologies Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1541, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 10813.45. The Sensex is at 36658.86, down 0.04%. NIIT Technologies Ltd has risen around 8.96% in last one month.

Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has risen around 5.98% in last one month and is currently quoting at 15784.95, down 1.05% on the day. The volume in the stock stood at 5.19 lakh shares today, compared to the daily average of 6.4 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1545.8, up 2.04% on the day. NIIT Technologies Ltd is up 17.21% in last one year as compared to a 6.42% drop in NIFTY and a 2.39% drop in the Nifty IT index.

The PE of the stock is 27.5 based on TTM earnings ending March 20.

Powered by Capital Market - Live News

Related Story