BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Elara Capital Recommends 'Buy' On NIIT Technologies
According to Elara Capital, the GIS divesture would impact NIIT Technologies' revenue in the first quarter of 2019-20, and the WHISHWORKS acquisition is likely to be integrated only in the second quarter. However, despite the likely revenue hiccups in the near term, the brokerage says it remains optimistic on the company's medium-term prospects.