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Educomp shares shoot 7 percent

By SiliconIndia   |   Friday, January 29, 2010
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Bangalore: Educomp Solutions, a diversified education solutions provider ended the day on high note with gains of Rs.46.75 (7.15 percent). The company had opened the stock at lower notebut managed to gain the investors' faith in later part of trading and ended the day Rs.700.95. Overall, 1,200,148 shares were traded throughout the day with current P/E ratio at 38.51. The stock has 52-week high value of Rs. 1,017.00 and low of Rs. 266.20. With 234,251 units of shares IDFC Premier Equity Fund holds the largest number of shares in Educomp. The 52 week stock price chart is on the left. Educomp Solutions is a globally diversified education solutions provider. The company operates in four segments: Professional Development, Smart Class, Edureach, and Retail and consulting. It reaches out to approximately 23,000 schools and 12 million learners and educators worldwide. The Company 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 Mathguru.com, 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. Out of 12 stock analysts following Educomp, the consensus recommendation is outperform, with four analysts recommending to buy and four suggesting to hold the stock.
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