Wednesday 23 January 2013

Selecting stocks for the future series- What should you do with NIIT?

 

 

 


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NIIT Limited has fallen 30% since June 2012. What should you do on the stock?     

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Selecting stocks for the future series

What should you do with NIIT? 

NIIT is trying to lean away from the ILS dependence as seen by the growth in its School learning Solutions and Corporate Learning Solutions business Table. The company is almost debt free and does not suffer from issues of corporate governance. The company is facing growth pangs due to the fall in revenues of its core business, but with IT companies now showing more confidence on growth for 2013-14, NIIT could rebound sharply.

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Have a good day

Regards

 

Arjun Parthasarathy

Editor: Investors are Idiots.com

www.investorsareidiots.com

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