#EarningsShow #NIIT Technologies #Q1 Results
Shares of NIIT Technologies fell as much as 10.4 percent after the BSE showed 3.92 million shares, or 6.53 percent of the market capitalisation, changed hands at 267 rupees a share via block deals for a total value of Rs 105 crore.
Reuters
The block deal took place at a significant discount to NIIT’s closing price of 297.85 rupees on Wednesday.
Shares of the small provider of software training and education services were last down 5.57 percent.
Reuters
IT firm NIIT Technologies’ net profit jumped 39.7 percent to Rs 57.5 crore for the quarter ended 30 June, 2012.
#EarningsShow #IT company #Margins #NIIT Technologies
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