Buy NIIT Technologies, target Rs 885: Sagar Doshi

Buy NIIT Technologies Ltd. at a price target of Rs 885.0 and a stop loss at Rs 810 from entry point.

Sagar Doshi of Edelweiss Financial Services has a buy call on NIIT Technologies with a target price of Rs 885.

The current market price of NIIT Technologies is Rs 832.80.

Time period given by the analyst is 'Intra Day' when NIIT Technologies price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 810.

NIIT Technologies, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5,116.10 Crore) operating in Information Technology sector.

The company’s top management includes Mr.Amit Sharma, Mr.Arvind Thakur, Mr.Ashwani Puri, Mr.Rajendra S Pawar, Mr.Surendra Singh, Mr.Vijay K Thadani, Ms.Holly Jane Morris.
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Company has Price Waterhouse as its auditors.

As on 31-12-2017, the company has a total of 61,432,524 shares outstanding.
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