Buy NIIT Technologies, target Rs 940: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on NIIT Technologies with a target price of Rs 940.

The current market price of NIIT Technologies is Rs 906.

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


Manas Jaiswal recommended keeping a stop loss at Rs 894.

NIIT Technologies, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5,402.61 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.

The company has Price Waterhouse as its auditors.

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