Educomp Solutions shares up 11 percent

By SiliconIndia   |   Monday, May 31, 2010   |    2 Comments
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Bangalore: Educomp Solutions was among the top gainers of the day after its share price went up by nearly 11 percent. After opening the day at Rs. 483.50, the stock touched its day's high of Rs. 539.55, before ending the day at Rs. 536.45, with a gain of 10.67 percent. Through the day,94.96 million shares of Educomp were traded in the market with the current P/E ratio of 19.55. Educomp Solutions Limited is a globally diversified education solutions provider. The Company operates in four segments: Professional Development, Smart Class, Edureach, and Retail and consulting. The Company reaches out to approximately 23,000 schools and 12 million learners and educators worldwide. It works with schools implementing models, creating and delivering content to enhance student learning. The Company's products include Smart class, a teacher-led content delivery system,Roots to Wings, a pre-school learning system, and, an online learning initiative. Educomp Solutions Limited has developed three dimensional (3D) kindergarten through twelfth grade (K-12) content library with approximately 16,000 modules. In October 2008, the Company acquired a 51 percent stake in Takshila Management Services. Educomp Solutions recently initiated a new venture called IndiaCan, which is a 50:50 venture of Educomp Solutions and Pearson.Edelweiss has also shown a green signal to Educomp and have now changed their stand.They say it is a low risk area now and its worth holding the stock.
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Reader's comments(2)
1: well done EDUCOMP! keep it up! We are with you, for any help, with advice and guidance and also funds.
PRASAN & CO., Management, Mentoring and Money servies.
Posted by:R.PRASANNA VENKATESAN - 01 Jun, 2010
2: good news for edu comp.
Posted by:shipra - 31 May, 2010
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