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NIIT share climbed 18.65% to Rs 163.50 against previous close of Rs 137.80 on BSE
BusinessToday.In | April 1, 2021 | Updated 10:50 IST
On December 24 last year, the board of directors had approved a proposal for buyback of equity shares.
NIIT Ltd stock rose 18% in early trade today after the firm said it would begin Rs 237-crore share buyback offer on April 12. The small cap share climbed 18.65% to Rs 163.50 against previous close of Rs 137.80 on BSE.
NIIT stock has gained 101% in one year but slipped 21.14% since the beginning of this year Market cap of the firm rose to Rs 2,327 crore on BSE. In a month, the share has lost 16.17%.