NIIT Technologies Ltd rose for a third straight session today. The stock is quoting at Rs 1653, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.73% on the day, quoting at 12014.75. The Sensex is at 40754.39, down 1.71%. NIIT Technologies Ltd has added around 12% in last one month.
Meanwhile, Nifty IT index of which NIIT Technologies Ltd is a constituent, has added around 5.05% in last one month and is currently quoting at 15936.6, down 0.09% on the day. The volume in the stock stood at 7.4 lakh shares today, compared to the daily average of 8.13 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 1652.55, up 1.22% on the day. NIIT Technologies Ltd is up 44.82% in last one year as compared to a 11.54% gain in NIFTY and a 11.41% gain in the Nifty IT index.
The PE of the stock is 36.32 based on TTM earnings ending September 19.