Career Point rises on incorporating wholly owned subsidiary

21 Sep 2015

Career Point is currently trading at Rs. 114.70, up by 1.40 points or 1.24% from its previous closing of Rs. 113.30 on the BSE.

The scrip opened at Rs. 112.00 and has touched a high and low of Rs. 115.50 and Rs. 112.00 respectively. So far 5219 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. 95.55 on 26-Nov-2014.

Last one week high and low of the scrip stood at Rs. 117.70 and Rs. 108.90 respectively. The current market cap of the company is Rs. 207.62 crore.

The promoters holding in the company stood at 60.51% while Institutions and Non-Institutions held 10.28% and 29.21% respectively.

Career Point has incorporated a wholly owned subsidiary company -- Career Point Institute of Skill Development. The wholly owned subsidiary has been incorporated on September 19, 2015.

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.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323