Educomp Solutions is currently trading at Rs. 173.80, up by 1.15 points or 0.67% from its previous closing of Rs. 172.65 on the BSE.
The scrip opened at Rs. 174.75 and has touched a high and low of Rs. 175.70 and Rs. 173.00 respectively. So far 58621 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 285.20 on 11-Oct-2011 and a 52 week low of Rs. 128.05 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 182.70 and Rs. 160.50 respectively. The current market cap of the company is Rs. 2508.55 crore.
The promoters holding in the company stood at 43.43% while Institutions and Non-Institutions held 31.26% and 25.31% respectively.
Educomp Solutions has received its board’s approval to raise further capital by issuance of the long term securities including inter-alia amongst others International Bonds up to $250 million with a sub-limit thereof for raising money through equity linked instruments upto $75 million.
The company’s board has also given approval to increase the authorize share capital of the company from existing authorized share capital of Rs 30 crore to Rs 40 crore.
Educomp Solution provides learning solutions to schools, governments, teachers, students and parents. It has research and development center located at Noida that creates quality products and services. The solution is based on education principles that help them to design education systems.
