Sell NIIT Technologies, target Rs 745: Dr CK Narayan

Sell NIIT Technologies Ltd. at a price target of Rs 745.0 and a stop loss at Rs 772 from entry point.

Dr CK Narayan of Chart Advise has a sell call on NIIT Technologies with a target price of Rs 745.

The current market price of NIIT Technologies is Rs 761.45.

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

Dr CK Narayan recommended to keep a stop loss at Rs 772.

NIIT Technologies, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 4,677.78 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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