The term of the agreement is 5 years.
NIIT share price added more than 8 percent intraday on April 22 after its subsidiary signed an agreement with US-based company.
NIIT (USA) Inc, a wholly-owned subsidiary of NIIT, has signed a managed services agreement with a US-based EdTech company to provide virtual services to education providers.
The term of the agreement is 5 years.
At 09:50 hrs NIIT was quoting at Rs 87.35, up Rs 6.65, or 8.24 percent on the BSE.
The share touched its 52-week high Rs 115.55 and 52-week low Rs 53.55 on 09 January, 2020 and 23 March, 2020, respectively.
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First Published on Apr 22, 2020 10:10 am
