/ NIIT Ties Up With IIM-C Stock Not In A Mood To React ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 24 January 2017

NIIT is having a bad day on the bourses, wherein the stock is trading with losses of 1.07%. In a recent development, the company’s subsidiary, Training.com has tied up with IIM–C, to provide executive programme in Applied Finance.   

This programme will be delivered by the institution through the online and offline platform of the company, one of the unique features of the program being a campus visit to IIM-C, and that’s not all, after successful completion of the programme, the participants will receive a certificate and an alumni status of the institution.

Seven Mutual Fund houses have invested in the stock of the company, Reliance, DSP BlackRock Mutual Fund and UTI Mutual Fund being the top three fund houses which have invested in the stock. 

NIIT Ltd is currently trading at Rs 78.6, down by Rs 0.85 or 1.07% from its previous closing of Rs 79.45 on the BSE.

The scrip opened at Rs 79.6 and has touched a high and low of Rs 79.9 and Rs 78.3 respectively. So far 363839(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1316.64 crore.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 107.8 on 20-Sep-2016 and a 52 week low of Rs 67 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 86.6 and Rs 76.9 respectively. The promoters holding in the company stood at 34.19 % while Institutions and Non-Institutions held 25.87 % and 39.94 % respectively. The stock is currently trading below its 200 DMA. 

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