Career Point shines as its arm acquires 100% equity share capital of Coupler Enterprises

11 Jul 2013

Career Point is currently trading at Rs. 87.10, up by 0.20 points or 0.23% from its previous closing of Rs. 86.90 on the BSE.

The scrip opened at Rs. 88.00 and has touched a high and low of Rs. 88.10 and Rs. 87.10 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.20 on 19-Dec-2012 and a 52 week low of Rs. 84.00 on 25-Jun-2013.

Last one week high and low of the scrip stood at Rs. 93.65 and Rs. 85.00 respectively. The current market cap of the company is Rs. 157 crore.

The promoters holding in the company stood at 60.34% while Institutions and Non-Institutions held 15.23% and 24.43% respectively.

Career Point’s wholly owned subsidiary company - Career Point Infra has acquired 100% fully paid up equity share capital of Coupler Enterprises. Coupler Enterprises is having registered office at Kota. The authorized share capital of Coupler Enterprises is Rs 25, 00,000 comprising 2, 50,000 equity shares of face value Rs 10 each and paid up share capital is Rs 9,00,000 comprising of 90,000 equity shares of Rs 10 each.

 Career Point was created with an object to undertake development and/or trade in sale, import, export of computer software and all varieties of information technology etc. However, during Financial Year 2002, the Promoters started undertaking tutoring services via Franchisee Centres through the company. Subsequently, from April 1, 2006 it also started providing tutoring services through Company Operated Training Centres

Related Career Point Ltd. Links:

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