NIIT Learning Systems' Stock Sees Dip, But MarketsMOJO Gives 'Buy' Call

NIIT Learning Systems, a midcap IT education company, has recently faced a dip in its stock performance. On October 7th, 2024, the company's stock saw a decline of -5.04%. However, despite this setback, MarketsMOJO has given a 'Buy' call for the stock.

In terms of price summary, NIIT Learning Systems' performance today has underperformed the sector by -0.65%. The stock also touched an intraday low of Rs 470 (-5.92%). While the company's moving averages are higher than the 100 day and 200 day averages, they are lower than the 5 day, 20 day, and 50 day averages.

The IT - Education sector as a whole has also seen a decline of -3.99%. However, despite this, NIIT Learning Systems' 1 day performance is -4.99%, which is better than the Sensex's performance of -0.40%. Similarly, the company's 1 month performance is -6.31%, while the Sensex has seen a slight increase of 0.22%.

While the recent dip in NIIT Learning Systems' stock may be a cause for concern, it is important to note that MarketsMOJO has given a positive outlook for the company. With its strong presence in the midcap IT education industry, NIIT Learning Systems continues to be a promising player in the market.