India's NIIT jumps 15% on strong Dec-quarter profit

NIIT

31/01/2022 06:05

** Shares of the IT skills provider  NIIT.NS  rise as much
as 14.7% to 453.20 rupees, their best intraday pct gain since
Dec 28
    ** NIIT reported on Friday a 32.4% jump in Dec-qtr profit,
helped by robust performance at its corporate learning and
skills & careers divisions  urn:newsml:reuters.com:*:nFWN2U80V6
    ** Co also approved a separate listing of its corporate
learning group division  urn:newsml:reuters.com:*:nFWN2U80CC
    ** About 4.3 mln shares change hands vs 30-day avg of 1.8
mln shares
    ** Shares of NIIT down 1.4% so far this month after gaining
123% in 2021

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))