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NIIT Technologies surges 7%, nears 52-week high post June quarter results

The company secured fresh business of $186 million during the quarter, which included a large deal along with two more significant deals

IT, information tech
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SI Reporter Mumbai
Shares of NIIT Technologies rallied 7 per cent to Rs 1,894 on the BSE on Wednesday after reporting a healthy order intake of $ 186 million in June quarter (Q1FY21). The stock of the IT consulting & services company is trading close to its 52-week high level of Rs 2,057, touched on January 23, 2020.

The company said that fresh business of $186 million was secured during the quarter, which included a large deal along with two more significant deals. A total of 11 new clients were added during the quarter.

On the back of this continued deal