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Buy NIIT Technologies; target of Rs 560: Firstcall

Firstcall Research is bullish on NIIT Technologies and has recommended buy rating on the stock with a target price of Rs 560 in its research report dated October 17, 2015.

October 21, 2015 / 15:49 IST
 
 
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Firstcall research report on NIIT TechnologiesNIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Infrastructure Management, IP Asset or Platform Solutions, Business Process Management, and Digital Services to organisations in the Financial Services, Travel & Transportation, Manufacturing/Distribution, and Government sectors. The Company adheres to major global benchmarks and standards, having secured the ISO 9001:2000 certifications and the ISO: 27001 Information Security Management accreditation. NIIT Technologies also follows global standards of development. It has been assessed at Level 5 of SEI CMMi version 1.2. NIIT Technologies Business Process Management conforms to the highest quality standards such as COPC. Its data centre operations are assessed at the international ISO 20000 IT management standards.We recommend ‘BUY’ in this particular scrip with a target price of Rs. 560.00 for Medium to Long term investment.For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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.

first published: Oct 19, 2015 03:23 pm

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