Announced Mon, 3 Aug · 16:16 IST
NIS Management bags Rs 7.93 Cr skill development project in Odisha
Price
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Price reaction · full curve 14 horizons · vs prior close
+9.3%1-day move
₹44.00
prior close
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base price
After-mkt
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AI summary
NIS Management has secured a Rs 7.93 crore skill development project in Odisha under the central government's DDU-GKY scheme. Sanctioned by ORMAS, the 24-month project will train 1,200 rural youth through residential programmes covering training, certification, and placement support. The project strengthens the company's presence in the government-backed skill development sector.
Likely market impact
Positive - new government-backed order adds to revenue pipeline and reinforces skill development vertical, a key focus area for the company.