Want news about NIIT Technologies to land in your mailbox?


Hold NIIT Technologies: Parag Parikh Research
Parag Parikh Research has recommended hold rating on NIIT Technologies, in its January 16, 2010 research report.
"NIIT Technologies reported a flat topline this quarter registering a 7% decline YoY. Despite that PAT grew 111% YoY. The topline was eroded by Rs. 128 Mn, on account of crystallization of hedging losses. In spite of this, the operating margins are at ~22%, excl. the hedging losses, the margins would be at 26%. At Rs 187 NIIT Tech trades at ~10 times P/E (TTM). With the overall outlook being positive and the odds of these expectations being already factored in, are very high. We recommend a HOLD for NIIT Technologies," says Parag Parikh Research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click on the attachment
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
MS Banga
President - Global Foods, Home, and Personal Care Business
Unilever
After stepping down, what next for Vindi Banga?
VVS Murthy
CFO
Dishman Pharma
Dishman Pharma invests $20m in new API facility
T Srinivasa Rao
VP-Finance
Rain Commodities
See better op margins, volumes in CY10: Rain Commodities
Rahul Shah
Executive Director
Nitin Fire Protection
See 20-25% revenue growth in FY11: Nitin Fire Protection
-
Most Read
-
Most Viewed
- Don't rule out double dip recession in West: Chrys Capital

- Sudarshan Sukhani's top 5 picks for trade today

- Ashwani Gujral's top five picks for today's trade

- See good response to Persistent Systems IPO: Udayan

- Gold ETFs: Best way to invest in the precious metal?

- See better performance from RIL in Q4 vs Q3: Kotak Inst Eq

- Why is First Global negative on metal, oil sector?

- Shilpa Shetty's stake in Rajasthan Royals under I-T scanner

- RIL is unlikely to report USD 9/bbl GRM in Q4: SP Tulsian

- Apply for Persistent IPO, target of Rs 350: Swastika
- Shree Ganesh plans to raise Rs 375 cr via IPO
Source: Business Line
- India`s sovereign wealth fund
Source: ft.com
- London`s miners lifted by global growth hopes
Source: ft.com
- Hero Honda may set up 4th plant in Himachal Pradesh
Source: Business Line


















