NIIT shares (NIITTECH) climbs 8 per cent

NIIT shares (NIITTECH) climbs 8 per cent


NIIT shares rallied nearly 8 per cent in morning on Monday after a media report indicated that promoters look to exit software services business which runs under NIIT Technologies.

kaboompics (CC0), Pixabay

NIIT Technologies promoters are said to be exploring options to sell stake in the company. The promoters hold 30.62 percent stake in the company, of which NIIT owns 23.54 percent stake.

NIIT Technologies is the listed technology services subsidiary of NIIT which provides computer coaching and IT training.


NIIT shares (NIITTECH) climbs 8 per cent <