Prefer NIIT Technologies: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "We did have a coverage on KPIT Technologies and post the concerns on performance, we have actually dropped the coverage. However, in the similar space, we feel NIIT Technologies would be a better option. So, if the investor wants, should make a shift. "

At 15:15 hrs NIIT Technologies was quoting at Rs 554.50, down Rs 15.00, or 2.63 percent on the BSE.

The share touched its 52-week high Rs 587.60 and 52-week low Rs 370 on 15 June, 2016 and 09 November, 2016, respectively.