Career Point is currently trading at Rs. 149.50, up by 5.70 points or 3.96% from its previous closing of Rs. 143.80 on the BSE.
The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 151.50 and Rs. 147.00 respectively. So far 5524 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.00 on 04-Mar-2015 and a 52 week low of Rs. 75.60 on 31-Mar-2014.
Last one week high and low of the scrip stood at Rs. 158.00 and Rs. 131.30 respectively. The current market cap of the company is Rs. 274.71 crore.
The promoters holding in the company stood at 60.51% while Institutions and Non-Institutions held 11.24% and 28.25% respectively.
Career Point has made further investment in its wholly owned non material subsidiary company ‘Srajan Capital’ by allotment of 27,10,000 equity shares of Rs 10 each at face value aggregating to Rs 2.71 crore.
Career Point Accessories, a non material subsidiary company of Career Point, has sold its entire holding of 510,000 equity shares of Rs 10 each in its subsidiary company, Kota Automobiles (non material) at the price of Rs 10- per share aggregating to an amount of Rs 51 lakh to Pramod Maheshwari (Related Party).
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.
