NIIT Technologies rose 10.81% to Rs 462.40 at 14:38 IST on BSE after consolidated net profit rose 35.5% to Rs 58.50 crore on 11% increase in revenues to Rs 641.10 crore in Q1 June 2015 over Q1 June 2014.
The result was announced during trading hours today, 14 July 2015.
Meanwhile, the BSE Sensex was down 20.07 points, or 0.07%, to 27,941.12.
On BSE, so far 2.87 lakh shares were traded in the counter, compared with an average volume of 12,363 shares in the past one quarter.
The stock hit a high of Rs 482.20 and a low of Rs 416.45 so far during the day. The stock hit a 52-week high of Rs 482.20 on 14 July 2015. The stock hit a 52-week low of Rs 332 on 17 December 2014.
The stock had outperformed the market over the past one month till 13 July 2015, rising 9.20% compared with 5.81% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 11.85% as against Sensex's 3.73% fall.
The small-cap company has an equity capital of Rs 61.06 crore. Face value per share is Rs 10.
NIIT Technologies' consolidated operating profit rose 34.5% to Rs 104.20 crore in Q1 June 2015 over Q1 June 2014.
Order intake during the quarter was $97 million, resulting in $300 million of order book executable over the next 12 months, the company said in a statement.
NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in application development and maintenance, infrastructure management, IP asset or platform solutions, business process management and digital services to organisations in the financial services, travel & transportation, manufacturing/distribution and government sectors.
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