Sunday, 17 April 2016

NIIT: Clearly Turnaround Visible & : CMP 82.40

NIIT: Turnaround Clearly Visible & : CMP 82.40 dated 17/4/2016

Rasmeet XFV factor on NIIT

X: Very, Very strong brand, Leading India IT training company & among top 20 training outsource companies List

F: Focus towards profitability, shift towards asset light model & as World is now more connected, expect lot of new digitized products from this company & getting into long term corporate training contracts which are more sustainable

V: Right now trading around PE of 15 on expected FY17 earnings



Disclosures: View expressed here reflects my personal views & there may be inaccuracy of data represented here but one has to do his own research before taking any investment decision   

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