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Career Point trades higher on the bourses

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

20 Apr 2012 Evaluate

Career Point is currently trading at Rs. 200.00, up by 1.95 points or 0.98% from its previous closing of Rs. 198.05 on the BSE.

The scrip opened at Rs. 199.95 and has touched a high and low of Rs. 201.95 and Rs. 199.00 respectively. So far 3571 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 360.00 on 24-Jun-2011 and a 52 week low of Rs. 178.50 on 28-Mar-2012.

Last one week high and low of the scrip stood at Rs. 209.75 and Rs. 195.10 respectively. The current market cap of the company is Rs. 362.30 crore.

The promoters holding in the company stood at 59.96% while Institutions and Non-Institutions held 16.27% and 23.76% respectively.

Career Point Infosystems has received a notification from GopiBai Foundation Trust (GBFT) that on April 17, 2012 the Rajasthan Legislative Assembly has passed The Career Point University, Kota Bill, 2012. The bill provides for the establishment and incorporation of the Career Point University, Kota. The university has been set up on 32.7 acres of land in district Kota, Rajasthan.

The company is also in receipt of a notification from GBFT of the passing of The Career Point University (Establishment and Regulation) Bill, 2012 by the Himachal Pradesh Legislative Assembly on April 05, 2012 for the establishment and incorporation of Career Point University, Hamirpur. The university has been set up on 26 acres of land in district Hamirpur, Himachal Pradesh.

Under the agreements, Career Point will commence providing education consultancy and management services to GBFT for the operations of each university. The universities are expected to begin conducting classes for various courses from July 2012.

Earlier, Career Point had entered into an Education Consultancy and Management Services Agreements in February 2010 and February 2011 with GBFT for providing various services to universities being set up by GBFT in Kota, Rajasthan and Hamirpur in Himachal Pradesh.

CP Capital Share Price

95.00 -1.53 (-1.58%)

17-Apr-2026 16:59 View Price Chart

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