Educomp Solutions spurts amidst flat trade on BSE

17 May 2013

Educomp Solutions is currently trading at Rs 68.65, up by 0.75 points or 1.10% from its previous closing of Rs 67.90 on the BSE.

The scrip opened at Rs 68.40 and has touched a high and low of Rs 69.70 and Rs 68.25 respectively. So far 26930 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 182.70 on 05-Oct-2012 and a 52 week low of Rs 55.05 on 12-Apr-2013.

Last one week high and low of the scrip stood at Rs 74.00 and Rs 67.50 respectively. The current market cap of the company is Rs 840.56 crore.

The promoters holding in the company stood at 37.30% while Institutions and Non-Institutions held 30.28% and 32.42% respectively.

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.

Related Educomp Solutions Ltd. Links:

Educomp Solutions Share Price

2.95 -0.05 (-1.67%) Mar 09, 17:21
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323