Meanwhile, the BSE Sensex was down 300.46 points or 1.79% to 16,530.62.

On BSE, 44,000 shares were traded in the counter as against average daily volume of 39,303 shares in the past one quarter.

The stock hit a high of Rs 262.05 and a low of Rs 240 so far during the day. The stock had hit a 52-week high of Rs 285.35 on 21 February 2012. The stock had hit a 52-week low of Rs 166 on 21 December 2011.

The stock had underperformed the market over the past one month till 4 May 2012, falling 7.4% compared with the Sensex's 3.75% fall. The scrip had, however, outperformed the market in past one quarter, surging 18.25% as against Sensex's 4.4% fall.

The company has an equity capital of Rs 59.63 crore. Face value per share is Rs 10.

The NIIT Technologies stock had tumbled 6.17% to settle at Rs 249.10 on Friday, 4 May 2012, after the company during trading hours on Friday, 4 May 2012 announced Q4 earnings. NIIT Technologies' consolidated net profit fell 27.81% to Rs 46.20 crore on 2.42% growth in net sales to Rs 443.50 crore in Q4 March 2012 over Q3 December 2011. Consolidated net profit rose 8.24% to Rs 197.24 crore on 27.93% growth in net sales to Rs 1576.48 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

The company said fresh orders of $92 million in Q4 March 2012 included a contract from another state for the prestigious CCTNS program and also, an extension of $17 million from a US based insurance client. The company said orders executable over next 12 months stood at $243 million as on 31 March 2012 compared to $169 million at the end March 2011. The company said four significant clients were added during the quarter -- two in the travel and transportation segment, one each from BFSI and Government.

Rajendra S. Pawar, Chairman, NIIT Technologies, said, "44% increase in orders executable over the next 12 months sets the foundation for another year of strong growth". NIIT Technologies added 384 in Q4 March 2012, taking the total headcount to 7,362.

NIIT Technologies provides IT solutions in application development and maintenance, managed services, IP Assets/platform solutions and business process outsourcing in verticals such as financial services, travel and transportation, manufacturing, distribution, healthcare and government sectors.