NIIT shares surge 19% to fresh 52-week high; stock up 54% since Damani's picked stake

NIIT Share Price: Shares of NIIT have surged 54% on the BSE since ace investor Ramesh Damani acquired a 0.59% stake in the company through an open market transaction on Friday. The stock gained 18.51% in Tuesday's session, hitting a 52-week high of Rs 182.90. Damani's stake, valued at Rs 10.02 crore, involved purchasing 8 lakh shares at Rs 127.55 each through a bulk deal on the NSE.