Ramesh Damani Picks Up Stake In NIIT, Shares Rocket 20%

Sunday, 25 August 2024, 22:17

Ramesh Damani's investment in NIIT has caused shares to rocket 20%, hitting the upper circuit limit. The skills and talent development firm experienced significant trading activity following this announcement. Investors are keenly watching the developments around Damani's stake.
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Ramesh Damani Picks Up Stake In NIIT, Shares Rocket 20%

Ramesh Damani Boosts NIIT Shares By 20%

Ramesh Damani's recent acquisition of a stake in NIIT, a leading skills and talent development firm, has resulted in an impressive 20% increase in share prices. On Monday, trading surged following the news, hitting the upper circuit.

What Happened:

According to data from market observatories, shares of NIIT showed significant spikes in trading volume. Investors are enthusiastic about this move by the renowned investor.

  • Boost in investor confidence.
  • Impact on broader small cap market.
  • Potential for future growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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