CARE downgrades rating of Educomp Solutions’ receivables assignment facility

17 May 2013 Evaluate

Credit rating agency, CARE has downgraded rating of receivables assignment facility of Educomp Solutions to ‘BBB- (SO)’ from ‘A- (SO)’. The revision in the ratings of the company takes into consideration its weak financial performance of during 9MFY13 characterized by decline in the operating income and low profitability.

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.

Educomp Solutions Share Price

3.17 -0.16 (-4.80%)
28-Mar-2024 14:00 View Price Chart
Peers
Company Name CMP
Aptech 237.75
NIIT 107.70
Compucom Software 24.37
Jetking Infotrain 50.70
Educomp Solutions 3.17
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