Career Point is currently trading at Rs. 112.30, up by 8.40 points or 8.08% from its previous closing of Rs. 103.90 on the BSE.
The scrip opened at Rs. 105.00 and has touched a high and low of Rs. 114.50 and Rs. 104.80 respectively. So far 43979 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 171.20 on 16-Mar-2015 and a 52 week low of Rs. 94.50 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 114.50 and Rs. 101.00 respectively. The current market cap of the company is Rs. 191.48 crore.
The promoters holding in the company stood at 60.59% while Institutions and Non-Institutions held 8.30% and 31.10% respectively.
Career Point, the country’s leading education player has entered into a partnership with NSDC (National Skill Development Corporation) - an institution promoted by the Government of India to catalyze training and skill development of the manpower. The partnership is aimed to skill 4.5 lakh youth in 36 diverse trades of multiple sectors across different geographies of the nation over a 10-year period.
The project cost is Rs 16.8 crore wherein NSDC would provide a financial loan of Rs 12.6 crore in tranches over the initial two years at subsidized interest rate to Career Point for executing the project that covers training under key industrial as well as service sectors. The project plan covers sectoral training in Retail, Banking & Finance (BFSJ), Information Technology (IT &ITes), Courier & Logistic, Automotive, Construction, Healthcare, Capital Goods and Electronics. The courses run under this program would be about 3-4 months of duration covering classroom training, practical and On-the-Job training.
