Monday 26 October 2015

niit limited


Traded @ BSE/NSE (500304)

Target : 120+

Go for this.....!!!

NIIT Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 1559.19 Cr.) operating in Information Technology sector.
NIIT Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 257.34 Cr to Sales Value (73.83% of Total Sales), Software Packages (Courseware) which contributed Rs 91.19 Cr to Sales Value (26.16% of Total Sales), Hardware Accessories & Others which contributed Rs 0.01 Cr to Sales Value (0.00% of Total Sales), for the year ending 31-Mar-2015.
For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 108.12 Cr., up 40.82% from last quarter Sales of Rs. 76.78 Cr. and down -18.20% from last year same quarter Sales of Rs. 132.18 Cr. Company has reported net profit after tax of Rs. 7.33 Cr. in latest quarter.

Buy @ 94 - 94.50
Today's Target: 98.50 - 102+
Ultimate Target : 120+
SL : 89

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