The shares of the company have a PE of 6x, an ROE of 14 per cent and an ROCE of 15 per cent.

The stock is up by 8.23 per cent from its 52-week low of Rs 88 per share.

Healthy revenue growth and steady profit margins are expected to help the group maintain healthy coverage metrics despite working capital intensive nature of operations

Navneet Education Limited scrip hit its three-year high due to strong Q1FY23 numbers. 

NIIT Ltd is engaged in the business of providing outsourced corporate learning and development services. We can consider NIIT as an Edtech for corporates.