Educomp Solution gains on selling 50% stake in IndianCan

10 Apr 2013

Educomp Solution is currently trading at Rs. 58.95, up by 0.95 points or 1.64% from its previous closing of Rs. 58.00 on the BSE.

The scrip opened at Rs. 58.70 and has touched a high and low of Rs. 59.20 and Rs. 58.35 respectively. So far 32,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 209.45 on 20-Apr-2012 and a 52 week low of Rs. 57.20 on 09-Apr-2013.

The current market cap of the company is Rs. 720.00 crore.

The promoters holding in the company stood at 43.42% while Institutions and Non-Institutions held 32.18% and 24.39% respectively.

Educomp Solution, India’s largest education company has sold its 50% stake in the vocational training business IndianCan, to its JV partner Pearson, one the world’s largest publishing and educational services company.  IndiaCan is a 50-50 joint venture between Educomp and Pearson that started in 2009 to focus on the vocational training market in India.

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.

 

Related Educomp Solutions Ltd. Links:

Educomp Solutions Share Price

3.01 -0.04 (-1.31%) Mar 03, 11:57
1 Year Price Chart
Peers
Company Name CMP
NIIT 195.75
Educomp Solutions 3.01
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Sensex vs Educomp Solutions
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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