NIIT share price jumps over 3% on bagging multi-year contract from Citi

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Updated: October 15, 2015 4:04:56 PM

NIIT, a leading provider of managed training services, informed BSE on Thursday that it has been awarded a multi-year contract to provide managed training services to Citi in the Europe, Middle East and Africa (EMEA) region.

NIIT shares SensexNIIT, a provider of managed training services, informed BSE on Thursday that it has been awarded a multi-year contract to provide managed training services to Citi in the Europe, Middle East and Africa (EMEA) region.(Photo: Reuters)

NIIT, a provider of managed training services, informed BSE on Thursday that it has been awarded a multi-year contract to provide managed training services to Citi in the Europe, Middle East and Africa (EMEA) region.

Cheering the announcement, NIIT share price climbed 3.32 per cent to Rs 94.90. The scrip opened at Rs 92.60 and touched a high and low of Rs 99.50 and Rs 92.15, respectively, in trade.

In a release, NIIT said, “With this new partnership, NIIT’s Corporate Learning Group will source and manage third party training procured by Citi across EMEA.”

NIIT is a skill and talent development corporation that is building a manpower pool for global industry requirements. With a footprint across 40 nations, NIIT offers training and development solutions to individuals, enterprises and institutions.

Sensex closed 230 points, or 0.86 per cent, up at 27,010.

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