CMP: 239


NIIT Technologies Ltd. offers information technology consulting services. The Company offers custom software development and maintenance, legacy maintenance and modernization, and enterprise integration services. NIIT primarily serves customers in the finance, transport, retail and manufacturing industries.

NIIT Technologies is a decent bet in mid-cap space. Its currently trading at a P/E of less than 12 with dividend yields of well over 3% in the last 12 months. It runs at a debt of 4 Crores with 22 Crores cash in hand. Revenues have risen from 297 Crores to 729 Crores in the last 5 years. Profits have risen from 110 Crores to 123 Crores in the last 5 years. NPM has dipped from 37% to 17% over the last 5 years. Its not the best growth stock to invest in. Buy and book profits at peaks.