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MT Educare gains on launching ‘Lakshya Prep’ for pupils of Class IX to Class XII

MT Educare Ltd. | Educational Institutions | Miscellaneous | BSE: 534312 | NSE: MTEDUCARE

06 Jun 2019 Evaluate

MT Educare is currently trading at Rs. 68.30, up by 0.40 points or 0.59% from its previous closing of Rs. 67.90 on the BSE.

The scrip opened at Rs. 68.65 and has touched a high and low of Rs. 69.25 and Rs. 67.90 respectively. So far 26145 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.05 on 13-May-2019 and a 52 week low of Rs. 39.50 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 69.50 and Rs. 66.55 respectively. The current market cap of the company is Rs. 493.32 crore.

The promoters holding in the company stood at 82.71%, while Institutions and Non-Institutions held 0.10% and 17.19% respectively.

MT Educare has launched the concept of `Lakshya Prep' for the pupils of Class IX to Class XII. Normal academic schedule for a Class IX to Class XII student across the city of Mumbai & Mumbai Metropolitan Region (MMR) is of 10 to 12 hours (6 to 8 hours of Junior College / School for regular curriculum and additional 3 to 4 hours of coaching class for Competitive entrance exam training). By academically supporting various High Schools (for Class IX & X) and Junior Colleges (for Class XI & XII), the company shall now ensure that the academic schedule of a student (between Class IX to Class XII) shall be structured only within 6 hours (7am to 1pm).

With unique concepts like ‘No Homework’ for teenagers as well as equal emphasis on ‘Yoga & Sports’, the students of `Lakshya Prep' are going to be real life Ranchos in true sense. To start with, the company shall be academically supporting 10 to 12 such education ventures called as 'Lakshya Prep High School & Junior College' across the length & breadth of Mumbai & MMR.

MT Educare is an education service company providing education support and coaching services. The company operates through conducting commercial training, coaching, tutorial classes and activities incidental and ancillary segment. Its business segments include School Section, Science Section and Commerce Section/University etc.

MT Educare Share Price

1.40 0.00 (0.00%)

16-Apr-2026 16:59 View Price Chart

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MT Educare gains on launching ‘Lakshya Prep’ for pupils of Class IX to Class XII

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