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Educomp Solutions trades jubilantly as its arm divests its entire stake in Wiz Learn Technology

05 Oct 2015 Evaluate

Educomp Solutions is currently trading at Rs. 12.84, up by 1.45 points or 12.73% from its previous closing of Rs. 11.39 on the BSE.

The scrip opened at Rs. 11.59 and has touched a high and low of Rs. 13.66 and Rs. 11.53 respectively. So far 1987849 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 34.35 on 05-Nov-2014 and a 52 week low of Rs. 9.50 on 06-Jul-2015.

Last one week high and low of the scrip stood at Rs. 13.66 and Rs. 11.10 respectively. The current market cap of the company is Rs. 158.11 crore.

The promoters holding in the company stood at 44.78% while Institutions and Non-Institutions held 2.04% and 53.18% respectively.

Educomp Solutions’ subsidiary Educomp Intelliprop Ventures has sold its entire stake in Wiz Learn Technology, Singapore to V-cube Global Services. Further, corresponding to such sale the investment of Wiz Learn Technology in 3 subsidiaries naming Singapore Learning, Pave Education and Wiz Learn will also get sold.

Educomp Solutions provides learning solutions to schools, governments, teachers, students and parents. It has research and development center located at Noida that creates quality products and services. The solution is based on education principles that help them to design education systems.

Peers
Company Name CMP
NIIT Learning System 223.60
Aptech 87.90
NIIT 87.30
Excelsoft Tech. 79.48
Compucom Software 12.83
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