Is NIIT share worth buying?

Is NIIT share worth buying?

NIIT Limited (NSE: NIITLTD) As on 8th Nov 2021 NIITLTD Share Price closed @ 302.90 and we RECOMMEND Buy for LONG-TERM with Stoploss of 241.55 & Strong Sell for SHORT-TERM with Stoploss of 326.56 we also expect STOCK to react on Following IMPORTANT LEVELS.

Is Coforge a good share to buy?

Coforge Ltd’s earnings have grown by 12.4%, whereas share price has appreciated 65.8% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, you need to ensure you buy at a right price to earn good returns.

Is NIIT and NIIT Technologies same?

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. NIIT Limited is an Indian multinational skills and talent development corporation headquartered in Gurgaon, India.

Why did NIIT change to Coforge?

The rebranding exercise comes after the change of its ownership last year to Baring Private Equity Asia. Started in 1981, the mid-tier IT firm has an annual revenue of $600 million currently. The company said that the word ‘Coforge’ stands for working together to create lasting value.

Which share is best to buy?

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Is Coforge same as NIIT?

In 2020, NIIT Technologies was re-branded as Coforge. In April 2021, Coforge acquired 60% stake in SLK Global Solutions for Rs 918 crore, after this acquisition Company’s new employee strength has risen to 21,000 after inheriting 10,000 of SLK’s employee strength.

What type of company is Coforge?

Coforge, formerly known as NIIT Technologies, is an Indian multinational information technology company based in Noida, India and New Jersey, USA. The company’s stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol COFORGE.

Who bought Coforge?

Coforge share rose over 2% today after Nomura India Investment Fund Mother Fund acquired a stake in the IT solutions company.

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