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NIIT Technologies Ltd rises for third straight session

NIIT Technologies Ltd is quoting at Rs 1340.1, up 1.34% on the day as on 12:54 IST on the NSE. The stock is up 23.54% in last one year as compared to a 10.21% jump in NIFTY and a 18.64% jump in the Nifty IT index.

NIIT Technologies Ltd is up for a third straight session today. The stock is quoting at Rs 1340.1, up 1.34% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 11888.65. The Sensex is at 39677.94, up 0.16%. NIIT Technologies Ltd has gained around 7.3% in last one month.

Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has gained around 2.43% in last one month and is currently quoting at 16109.85, up 1.44% on the day. The volume in the stock stood at 6.4 lakh shares today, compared to the daily average of 4.38 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1339.7, up 1.6% on the day. NIIT Technologies Ltd is up 23.54% in last one year as compared to a 10.21% jump in NIFTY and a 18.64% jump in the Nifty IT index.

The PE of the stock is 27.29 based on TTM earnings ending March 19.

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