NIIT Learning Systems Ltd: A Strong Midcap IT Education Company with a 'Buy' Call from MarketsMOJO

NIIT Learning Systems Ltd, a midcap IT education company, has been making headlines in the stock market recently. Despite a slight underperformance today, the stock has been showing strong growth potential in the past month.

According to MarketsMOJO, a leading stock analysis platform, NIIT Learning Systems Ltd is a 'Buy' call. The stock opened today with a loss of -4.96%, but this is not indicative of its overall performance. In fact, the stock has been consistently outperforming the sector by -1.68%.

Although the stock opened with a gap down, it touched an intraday low of Rs 482.8 (-4.96%) before bouncing back. This shows that the stock has a strong support level and is not likely to see a significant drop in the near future.

In terms of moving averages, NIIT Learning Systems Ltd is currently higher than its 50 day, 100 day, and 200 day moving averages. However, it is lower than its 5 day and 20 day moving averages. This indicates that the stock has been on an upward trend in the long term, but may have experienced a slight dip in the short term.

In comparison to the Sensex, NIIT Learning Systems Ltd has shown a -2.58% performance in the past day and a -3.20% performance in the past month. While this may seem like a negative trend, it is important to note that the Sensex has also seen a -1.11% and 0.94% performance in the same time periods, respectively.

Overall, NIIT Learning Systems Ltd is a strong midcap company in the IT education industry. With a 'Buy' call from MarketsMOJO and a consistent track record of outperforming the sector, it is definitely a stock to keep an eye on.