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NIIT Technologies Ltd soars 0.44%, gains for fifth straight session

NIIT Technologies Ltd is quoting at Rs 1346.55, up 0.44% on the day as on 12:49 IST on the NSE. The stock is up 20.12% in last one year as compared to a 9.58% jump in NIFTY and a 16.27% jump in the Nifty IT.

NIIT Technologies Ltd is up for a fifth straight session today. The stock is quoting at Rs 1346.55, up 0.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.57% on the day, quoting at 11897.2. The Sensex is at 39714.97, down 0.59%. NIIT Technologies Ltd has gained around 7.81% in last one month.

Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has gained around 2.27% in last one month and is currently quoting at 16448.1, down 0.79% on the day. The volume in the stock stood at 2.16 lakh shares today, compared to the daily average of 4.49 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1347.5, up 0.77% on the day. NIIT Technologies Ltd is up 20.12% in last one year as compared to a 9.58% jump in NIFTY and a 16.27% jump in the Nifty IT index.

The PE of the stock is 27.66 based on TTM earnings ending March 19.

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