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- NIITLTD
NIITLTD
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Forensics
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- 1M
- 6M
- YTD
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This data is currently unavailable for this company.
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Revenue Mix
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Recent events
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News
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Corporate Actions
NIIT Gets Tax Order With Demand Of 81.1 Mln Rupees
Feb 28 (Reuters) - NIIT Ltd NIIT.NS:
GETS TAX ORDER WITH DEMAND OF 81.1 MILLION RUPEES
GETS TAX ORDER WITH DEMAND OF 3.2 MILLION RUPEES
Source text: ID:nNSE3SDpRf
Further company coverage: NIIT.NS
(([email protected];;))
Feb 28 (Reuters) - NIIT Ltd NIIT.NS:
GETS TAX ORDER WITH DEMAND OF 81.1 MILLION RUPEES
GETS TAX ORDER WITH DEMAND OF 3.2 MILLION RUPEES
Source text: ID:nNSE3SDpRf
Further company coverage: NIIT.NS
(([email protected];;))
India's NIIT hits record high on block deals
** Shares of skill development provider NIIT NIIT.NS soar as much as 19% to hit record high of 183.2 rupees
** About 2.6 mln shares traded in block deals at a premium of 9.2-12.2% over last close of 153.84 rupees - LSEG data
** Overall, 33.84 mln shares traded in stock's busiest month since July 2004
** NIIT eyes eighth straight session of gains
** Stock on track for biggest monthly gain since Sept. 2023 when it jumped ~52%
** YTD, NIIT has risen ~59%
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of skill development provider NIIT NIIT.NS soar as much as 19% to hit record high of 183.2 rupees
** About 2.6 mln shares traded in block deals at a premium of 9.2-12.2% over last close of 153.84 rupees - LSEG data
** Overall, 33.84 mln shares traded in stock's busiest month since July 2004
** NIIT eyes eighth straight session of gains
** Stock on track for biggest monthly gain since Sept. 2023 when it jumped ~52%
** YTD, NIIT has risen ~59%
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Indian skilling firms up after govt program to train 2 mln individuals
** Shares of skilling firms NIIT NIIT.NS and Aptech APTA.NS rise as much as 7.6% and 5%, respectively
** India govt in budget proposes skilling program to train 2 million individuals in a bid to curb unemployment
** NIIT last up 4.3%, APTA trims gains to 0.8%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of skilling firms NIIT NIIT.NS and Aptech APTA.NS rise as much as 7.6% and 5%, respectively
** India govt in budget proposes skilling program to train 2 million individuals in a bid to curb unemployment
** NIIT last up 4.3%, APTA trims gains to 0.8%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
India's NIIT jumps as co swings to quarterly profit
** Shares of IT services co NIIT NIIT.NS jump 11.7% to session's high of 113.3 rupees
** Co posted Q4 consol net profit of 113.9 mln rupees ($1.4 mln), versus loss of 94.5 mln rupees a year ago
** Stock was trading flat ahead of results
** On track to log busiest trading day since mid-Feb, volumes at 12.8x the 30-day avg
** Stock down 3.1% YTD, including session's gains
($1 = 83.0700 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of IT services co NIIT NIIT.NS jump 11.7% to session's high of 113.3 rupees
** Co posted Q4 consol net profit of 113.9 mln rupees ($1.4 mln), versus loss of 94.5 mln rupees a year ago
** Stock was trading flat ahead of results
** On track to log busiest trading day since mid-Feb, volumes at 12.8x the 30-day avg
** Stock down 3.1% YTD, including session's gains
($1 = 83.0700 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Niit Says Pankaj Prabhakar Jathar Appointed As CEO
April 8 (Reuters) - NIIT Ltd NIIT.NS:
NIIT LTD - PANKAJ PRABHAKAR JATHAR APPOINTED AS CEO
Source text for Eikon: ID:nBSE8hb3mB
Further company coverage: NIIT.NS
(([email protected];))
April 8 (Reuters) - NIIT Ltd NIIT.NS:
NIIT LTD - PANKAJ PRABHAKAR JATHAR APPOINTED AS CEO
Source text for Eikon: ID:nBSE8hb3mB
Further company coverage: NIIT.NS
(([email protected];))
India's NIIT jumps as Q2 profit more than doubles
** NIIT shares NIIT.NS up ~7% at 124 rupees
** The provider of software training services reports Sept-qtr consol profit after tax more than doubles
** Rev drops 13%, but is partly offset by 12% fall in total costs
** Trading volume is 1.6x the 30-day avg
** NIIT shares now up 77% so far in 2023
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** NIIT shares NIIT.NS up ~7% at 124 rupees
** The provider of software training services reports Sept-qtr consol profit after tax more than doubles
** Rev drops 13%, but is partly offset by 12% fall in total costs
** Trading volume is 1.6x the 30-day avg
** NIIT shares now up 77% so far in 2023
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's NIIT gains as Q1 swings to profit
** Shares of NIIT NIIT.NS rise as much as 5.12% to 82.20 rupees
** Stock on track to snapping four consecutive session of loss, if gains hold
** The IT services firm reported June-qtr consolidated net profit of 21.8 mln rupees ($263,237.34) vs loss of 64.7 mln rupees yr ago
** Stock witnessing its most active trading session since May 29; more than 2.1 mln shares change hands by 2:12 p.m. IST, 4.9x the 30-day avg
** Two analysts covering the stock have "buy" rating; median PT is 430 rupees - Refinitiv data
** Stock up 11.6% so far this year
($1 = 82.8150 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of NIIT NIIT.NS rise as much as 5.12% to 82.20 rupees
** Stock on track to snapping four consecutive session of loss, if gains hold
** The IT services firm reported June-qtr consolidated net profit of 21.8 mln rupees ($263,237.34) vs loss of 64.7 mln rupees yr ago
** Stock witnessing its most active trading session since May 29; more than 2.1 mln shares change hands by 2:12 p.m. IST, 4.9x the 30-day avg
** Two analysts covering the stock have "buy" rating; median PT is 430 rupees - Refinitiv data
** Stock up 11.6% so far this year
($1 = 82.8150 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's NIIT Reports Loss For March-Qtr
May 29 (Reuters) - NIIT Ltd NIIT.NS:
INDIA'S NIIT MARCH-QUARTER CONSOL NET LOSS 93.7 MILLION RUPEES VERSUS PROFIT 673.8 MILLION RUPEES
NIIT MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 600.5 MILLION RUPEES VERSUS 811.9 MILLION RUPEES
Source text for Eikon: ID:nBSE27WlZS
Further company coverage: NIIT.NS
(([email protected];;))
May 29 (Reuters) - NIIT Ltd NIIT.NS:
INDIA'S NIIT MARCH-QUARTER CONSOL NET LOSS 93.7 MILLION RUPEES VERSUS PROFIT 673.8 MILLION RUPEES
NIIT MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 600.5 MILLION RUPEES VERSUS 811.9 MILLION RUPEES
Source text for Eikon: ID:nBSE27WlZS
Further company coverage: NIIT.NS
(([email protected];;))
NIIT Announces Strategic Partnership With EIT InnoEnergy Skills Institute
May 3 (Reuters) - NIIT Ltd NIIT.NS:
NIIT LTD - ANNOUNCES STRATEGIC PARTNERSHIP WITH EIT INNOENERGY SKILLS INSTITUTE
Source text for Eikon: ID:nBSE2sDDTX
Further company coverage: NIIT.NS
(([email protected];))
May 3 (Reuters) - NIIT Ltd NIIT.NS:
NIIT LTD - ANNOUNCES STRATEGIC PARTNERSHIP WITH EIT INNOENERGY SKILLS INSTITUTE
Source text for Eikon: ID:nBSE2sDDTX
Further company coverage: NIIT.NS
(([email protected];))
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Popular questions
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What does NIIT do?
NIIT Limited, established in 1981, is a prominent skills & talent development corporation, offering diverse training solutions to individuals, enterprises, and institutions in futuristic domains through various businesses including NIIT Digital, StackRoute, and more.
Who are the competitors of NIIT?
NIIT major competitors are Veranda Learning Sln, Shanti Educational, Aptech, CP Capital, CL Educate, Navneet Education, Global Education. Market Cap of NIIT is ₹1,770 Crs. While the median market cap of its peers are ₹729 Crs.
Is NIIT financially stable compared to its competitors?
NIIT seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does NIIT pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. NIIT latest dividend payout ratio is 44.01% and 3yr average dividend payout ratio is 30.88%
How has NIIT allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable
How strong is NIIT balance sheet?
Balance sheet of NIIT is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of NIIT improving?
Yes, profit is increasing. The profit of NIIT is ₹45.71 Crs for TTM, ₹38.36 Crs for Mar 2024 and ₹3.18 Crs for Mar 2023.
Is the debt of NIIT increasing or decreasing?
Yes, The debt of NIIT is increasing. Latest debt of NIIT is -₹59.16 Crs as of Sep-24. This is greater than Mar-24 when it was -₹199.36 Crs.
Is NIIT stock expensive?
NIIT is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of NIIT is 40.09, while 3 year average PE is 46.32. Also latest EV/EBITDA of NIIT is 327 while 3yr average is 114.
Has the share price of NIIT grown faster than its competition?
NIIT has given lower returns compared to its competitors. NIIT has grown at ~-39.65% over the last 3yrs while peers have grown at a median rate of 9.47%
Is the promoter bullish about NIIT?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in NIIT is 37.19% and last quarter promoter holding is 37.22%
Are mutual funds buying/selling NIIT?
The mutual fund holding of NIIT is decreasing. The current mutual fund holding in NIIT is 8.24% while previous quarter holding is 8.25%.