Independent analyst Kunal Bothra has a buy call on NIIT Technologies Ltd.
with a target price of Rs 1200.
The current market price of NIIT Technologies Ltd.
is Rs 1161.6.
Time period given by analyst is Intra Day when NIIT Technologies Ltd.
price can reach defined target.
Kunal Bothra recommended to keep stoploss at Rs 1140.
NIIT Technologies Ltd., incorporated in 1992, is a midcap company with a market cap of Rs 7166.30 crore.
NIIT Technologies Ltd.
key Products/Revenue Segments include Sale of services which contributed Rs 1619.60 Crore to Sales Value (98.40 % of Total Sales) and Software Products which contributed Rs 26.30 Crore to Sales Value (1.59 % of Total Sales)for year ending 31-Mar-2018.
For quarter ended 30-09-2018, company has reported a Consolidated sales of Rs 907.40 Crore, up 10.00 % from last quarter Sales of Rs 824.90 Crore and up 23.09 % from last year same quarter Sales of Rs 737.20 Crore Company has reported net profit after tax of Rs 116.70 Crore in latest quarter.
The companys top management includes Mr.Amit Sharma, Mr.Arvind Thakur, Mr.Ashwani Puri, Mr.Rajendra S Pawar, Mr.Surendra Singh, Mr.Vijay K Thadani, Ms.Holly Jane Morris.
Company has S R Batliboi Associates LLP as its auditoRs As on 28-12-2018, company has a total of 61,635,374 shares outstanding.