INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has a buy call on NIIT Technologies Ltd
with a target price of Rs 1665.0
The current price of NIIT Technologies Ltd
CK Narayan recommended to keep a stoploss at Rs 1615
NIIT Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10187.23 Crore) operating in IT
key Products/Revenue Segments include Sale of services which contributed Rs 1992.40 Crore to Sales Value (99.65 % of Total Sales) and
Software Products which contributed Rs 6.80 Crore to Sales Value (0.34 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1038.50 Crore, up 7.87 % from last quarter Sales of
Rs 962.70 Crore and up 14.45 % from last year same quarter Sales of Rs 907.40 Crore Company has reported net profit after tax of Rs 125.10
Hariharan, Mr.Patrick John Cordes, Ms.Holly Jane Morris
Company has S R Batliboi - Associates LLP as its auditoRs As on 30-09-2019, the company has a total of 62,417,914 shares outstanding.