Target : Rs. 71.2 CM Price : Rs59.80 Good show … NIIT Ltd reported Q2FY10 numbers which were above street as well as our expectation. The Company put up a great show pulling up margins in Individual Learning Solution (ILS-IT) and Corporate Learning Solution (CLS) by 149bps (YoY) and 492bps (YoY) respectively. Stellar operational...
Target price :Rs145 CM Price :Rs138.55 Lack of meaningful triggers Reliance Power’s (RPower) project execution for Rosa phase I is in line with expectations – 300MW Unit 1 will likely achieve commercial operations in early Q4FY10. The visibility on other projects is limited as most of the projects are at nascent stage. The company...