Educomp Solutions is currently trading at Rs. 206.55, up by 1.70 points or 0.83% from its previous closing of Rs. 204.85 on the BSE.
The scrip opened at Rs. 206.00 and has touched a high and low of Rs. 208.30 and Rs. 202.00 respectively. So far 269602 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 528.75 on 25-Jan-2011 and a 52 week low of Rs. 168.00 on 22-Nov-2011.
Last one week high and low of the scrip stood at Rs. 230.40 and Rs. 198.65 respectively. The current market cap of the company is Rs. 1978.17 crore.
The promoters holding in the company stood at 49.52% while Institutions and Non-Institutions held 33.91% and 16.57% respectively.
Rating agency, Credit Analysis & Research (CARE) has reaffirmed A+ rating to the long term facilities, aggregating to Rs 382.70 crore of Educomp Solutions. Facilities with this rating are considered to have adequate degree of safety for timely servicing of financial obligation, such facilities carry low credit risk.
Further, CARE has revised rating for the short term facilities of the company, aggregating to Rs 410.00 crore from A1 rating to A1+. Facilities with this rating are considered to have very strong degree of safety for timely servicing of financial obligation, such facilities carry lowest credit risk.
Educomp Solutions is engaged in providing digital educational content in the classroom through its patented product ‘SmartClass’ and ICT. The company is also engaged in providing vocational, higher education and professional development, K-12 schools and online, supplementary and global education business.
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