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.
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