NIIT Learning Systems Sees Decline in Stock Price, But Remains a Promising Player
NIIT Learning Systems, a midcap IT education company, saw a -5.28% decline in stock price on October 24th, 2024. Despite underperforming the sector by -3.78%, MarketsMojo has given a 'Buy' call. The stock has been on a downward trend for 6 days, with a high volatility of 5.18%. However, it has shown strong performance in the past month with a return of -18.93%.
NIIT Learning Systems, a midcap IT education company, has seen a decline in its stock price by -5.28% on October 24th, 2024. Despite this, MarketsMOJO has given a 'Buy' call for the stock.
In terms of performance, NIIT Learning Systems has underperformed the sector by -3.78% today. The stock has also been on a downward trend for the past 6 days, with a fall of -16.83% during this period. The stock touched an intraday low of Rs 432.85, showing a high volatility of 5.18%.
NIIT Learning Systems is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock.
Despite the recent decline in stock price, NIIT Learning Systems has shown a strong performance in the past month, with a return of -18.93%. In comparison, the Sensex has seen a decline of -5.68% during the same period.
NIIT Learning Systems is a midcap company in the IT education industry. With its strong track record and positive outlook, it continues to be a promising player in the market. Investors can consider this stock for long-term growth potential.
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