Niit Learning Systems News Today

Sharekhan is bullish on NIIT Learning Systems has recommended buy rating on the stock with a target price of Rs 550 in its research report dated January 31, 2024.

There are nine stocks in Ashish Kacholias portfolio that have soared by more than 100% in just seven months, with the newly-listed SME stock Vasa Denticity turning out to be the best performer. Some of his largest bets include Safari Industries, Gravita India, Garware Hi-Tech Films and NIIT Learning Systems, shows data from ACE Equity.

ACE Equity data shows that as many as eight stocks have seen at least 10 percentage point jump in shareholding from MFs

NIIT Learning Systems Limited NIIT Managed Training Services NIIT MTS announced that it has made a strategic investment in KIC InnoEnergy SE EIT InnoEnergy EIT InnoEnergy secures over 140 million in private placement round.

NIIT Learning Systems Limited announces Q1 FY24 Results Q1 Revenue at Rs. 382.3 Cr, up 22% YoY ... -Today at 04:32 am- MarketScreener

Consequent to the demerger, each shareholder of NIIT has been allotted one share of NIIT Learning Systems for every NIIT share they held on the record date of June 8, 2023, according to the companys filing.

"We are today number five in the learning outsourcing space worldwide and even though the climb is steeper from now onwards, there is opportunity for us to gain market share. So, yes, while the markets will go through a sluggish nature, we are on track vis-a-vis our overall outlook and the direction that we are following as well as the five-year projections that we have been discussing. "

NIIT Learnings Systems reported a profit after tax of Rs 192.20 crore for FY23. It revenue for the year was up 20 per cent at Rs 1,361.80 crore. Ebitda margin for the quarter stood at 23.2 per cent.