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EdServ Softsystems in jubilant mood on launching EdServ Training Institute

Edserv SoftSystems Ltd. | IT - Education | IT & ITES | BSE: 533055 | NSE: EDSERV

07 Mar 2012 Evaluate

EdServ Softsystems is currently trading at Rs. 34.20, up by 1.30 points or 3.95% from its previous closing of Rs. 32.90 on the BSE.

The scrip opened at Rs. 32.70 and has touched a high and low of Rs. 34.45 and Rs. 31.70 respectively. So far 35764 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 162.40 on 18-Apr-2011 and a 52 week low of Rs. 31.25 on 28-Feb-2012.

Last one week high and low of the scrip stood at Rs. 36.95 and Rs. 31.70 respectively. The current market cap of the company is Rs. 89.19 crore.

The promoters holding in the company stood at 12.63% while Institutions and Non-Institutions held 3.11% and 55.31% respectively.

EdServ Softsystems has launched EdServ Training Institute (EDI), the first of its kind instructor-led-training (ILT) centre using franchisee network offering a rich bouquet of academic support and vocational training courses that will include tuition, coaching, test paper and job oriented training apart from placement support.

The company already has a wide range of e-contents along with online test prep engine as part of its flagship Lampsglow.com that shall power these brick and mortar learning service in EDI.

As part of the launch offering, each student enrolling into the EDI shall get a Tablet PC free with specific preloaded course content. The company has tied up with A-Team Edutech, a TN based education management company for the supply of tablet PCs to the EDI.

EdServ is India's first 4th generation education company that uses technology to efficiently synchronize manpower demand and supply in number and skills right from development to deployment. The company was established with an objective of providing niche training solutions, customized software solutions, and placement consulting on contract as well as permanent basis to both Corporate and Institutional clients.

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EdServ Softsystems in jubilant mood on launching EdServ Training Institute

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