NIIT jumps as its life sciences division inks pact with Swiss multinational leader in healthcare

NIIT is currently trading at Rs. 399.80, up by 17.80 points or 4.66% from its previous closing of Rs. 382.00 on the BSE.

The scrip opened at Rs. 375.00 and has touched a high and low of Rs. 405.00 and Rs. 375.00 respectively. So far 26836 shares were traded on the counter.

81419 niittechlogo withbaseline
81419 niittechlogo withbaseline

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 658.55 on 13-Apr-2022 and a 52 week low of Rs. 257.80 on 21-Jun-2021.

Last one week high and low of the scrip stood at Rs. 426.00 and Rs. 367.80 respectively. The current market cap of the company is Rs. 5422.99 crore.

The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 33.63 % and 31.34% respectively.

NIIT’s life sciences division — NIIT Life Sciences has entered into a multi-year learning services agreement with a Swiss multinational leader in healthcare.

Under the agreement, NIIT will provide a full range of learning services to its client to help streamline their regulatory operations using Veeva Vault RIM.

NIIT Life Sciences will support client’s Vault RIM initiative end-to-end through global training services that will be delivered in multiple phases until 2024.

The learning services that NIIT will provide are designed to integrate seamlessly with the company’s current Vault RIM implementation roadmap.

NIIT will enable flexible and agile working practices to shape and respond to the challenges inherent in a multi-phased Veeva implementation.

This will dovetail with the company’s agile working methodology and support the planning required to overcome the challenges inherent within each release.

NIIT will also provide scale and deep subject matter expertise to the client’s training program so that their teams can focus on ‘making the change happen.

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements.

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