Mar 27, 2009

NIIT Technologies

Price : Rs 53 , 27th March 2009

NIIT Technologies having a market cap of 300 crore, generated 116 crore cash for FY08 
Net worth of Rs 400 crore and virtually no debt.
Dividend yield of 12.5%, its not a one time special dividend, the dividend track record is really impressive

2004_50%
2005_55%
2006_60%
2007_65%
2008_65%


12.5% post tax dividend itself is mouth watering reason to buy the stock..



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