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Career Point gains on receiving first tranche of Rs 4.20 crore loan from NSDC

CP Capital Ltd. | Educational Institutions | Miscellaneous | BSE: 533260 | NSE: CPCAP

12 Jul 2016 Evaluate

Career Point is currently trading at Rs. 121.70, up by 2.85 points or 2.40% from its previous closing of Rs. 118.85 on the BSE.

The scrip opened at Rs. 123.15 and has touched a high and low of Rs. 123.95 and Rs. 121.55 respectively. So far 4,080 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.90 on 06-Aug-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. 123.95 and Rs. 114.20 respectively. The current market cap of the company is Rs. 220.68 crore.

The promoters holding in the company stood at 60.65%, while Institutions and Non-Institutions held 8.52% and 30.83% respectively.

Career Point has received first installment of Rs 4.2 crore loan from National Skill Development Corporation (NSDC) in its wholly owned subsidiary Career Point Institute of Skill Development. The Rs 4.20 crore loan is for executing the project that covers training under key industrial as well as service sectors. 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.

NSDC is an institution promoted by the Government of India to catalyze training and skill development of the manpower. The partnership of NSDC and Career Point under this project 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 courses run under this program would be about 3-4 months of duration covering classroom training, practical and On-the-Job training.

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.

CP Capital Share Price

95.00 -1.53 (-1.58%)

17-Apr-2026 16:59 View Price Chart

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Company Name	CMP
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Career Point gains on receiving first tranche of Rs 4.20 crore loan from NSDC

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