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Career Point gains on inking MoU with Rajasthan government for skill development courses

CP Capital Ltd. | Educational Institutions | Miscellaneous | BSE: 533260 | NSE: CPCAP

29 Dec 2014 Evaluate

Career Point is currently trading at Rs. 142.00, up by 6.85 points or 5.07% from its previous closing of Rs. 135.15 on the BSE.

The scrip opened at Rs. 137.90 and has touched a high and low of Rs. 147.45 and Rs. 137.90 respectively. So far 26,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 155.00 on 16-Dec-2014 and a 52 week low of Rs. 67.10 on 26-Mar-2014.

Last one week high and low of the scrip stood at Rs. 147.45 and Rs. 116.30 respectively. The current market cap of the company is Rs. 257.00 crore.

The promoters holding in the company stood at 60.50% while Institutions and Non-Institutions held 11.63% and 27.87% respectively.

Career Point, nation’s leading education player, has executed a Memorandum of Understanding (MoU) with Rajasthan Skills and Livelihood Development Corporation (RSLDC) - an initiative by the Government of Rajasthan to cater needs of skill development and training opportunities. After evaluation of Career Point’s proposal, followed by presentations and discussions with committees; the company is now empanelled as Project Implementation Agency (PIA) under Employment linked skill training programme (ELSTP).

As per the guidelines under MoU, RSLDC will provide financial assistance through grant-in-aid received from the State Government to ELSTP courses run by Career Point. The company will be responsible for mobilization, training and assessment of the candidates for various employment linked courses. Career Point has been allotted 10 sectors which include Banking & Accounts, Courier & Logistics, Electrical, Electronics, Agriculture, ICT, Hospitality, Business & Commerce, Automotive & Repair and Retail.

Career Point caters to the needs of a student throughout the life cycle of a student (KG. to PhD.) while operating in both the Formal and Informal education streams. In the informal Education system, Career Point has established a strong niche in test preparation and school curriculum tutoring through a nationwide extensive network of Company operated branches; Franchisee centers; Technology enabled live classrooms; Online courses; School integrated programs; and Distance learning solutions.

CP Capital Share Price

87.16 0.64 (0.74%)

13-Apr-2026 16:59 View Price Chart

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Career Point gains on inking MoU with Rajasthan government for skill development courses

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