Educomp is currently trading at Rs. 204.85, up by 2.05 points or 1.01% from its previous closing of Rs. 202.80 on the BSE.
The scrip opened at Rs. 202.05 and has touched a high and low of Rs. 206.00 and Rs. 197.05 respectively. So far 319426 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 492.00 on 30-May-2011 and a 52 week low of Rs. 168.00 on 22-Nov-2011.
Last one week high and low of the scrip stood at Rs. 206.00 and Rs. 188.50 respectively. The current market cap of the company is Rs. 1965.95 crore.
The promoters holding in the company stood at 49.52% while Institutions and Non-Institutions held 33.91% and 16.57% respectively.
Educomp Solution's ICT division Edusearch has won an order worth Rs 209 crore from the Government of Assam under the prestigious ICT at School Projects. The company signed the agreement with the Assam Electronics Development Corporation, Government of Assam, for implementation of Rajiv Gandhi Computer Education Program (RGCEP) under the GOI Revised ICT at Schools Scheme in 1054 government high and higher secondary school of the state. Over 6, 50,000 students are expected to benefit from this program.
The project will be implemented under build, operate and transfer (BOT) model for a period of five years where Educomp will provide an IT Lab, teachers, annual training workshops, web-based school management and monitoring software, multimedia educational content as per state board curriculum covering core subjects like mathematics’, social studies, English and general science as well as courses on spoken English.
Educomp Solutions (ESL) is engaged in providing digital educational content in the classroom through its patented product ‘Smart Class’ and ICT. The company is also engaged in providing vocational, higher education and professional development, K-12 schools and online, supplementary and global education business.
