Education shares rally on huge volumes

Shares of companies engaged in delivering education on information technology platform are in limelight on the bourses. Infinite Computer Solutions (India), and have rallied more than 10% each on the back of huge volumes.

Everonn Education has surged 14% to Rs 452, extending its Monday’s 20% gain, after the Reserve Bank of India allowed the company to increase foreign institutional investment (FII) limit in the company up to 24%.

The company has already got shareholder approval to enhance the limit for purchase of its equity shares and convertible debentures by NRIs/PIOs through primary market and stock exchanges up to 24% of its paid up capital, under the Portfolio Investment Scheme.

Infinite Computer Solutions (India) has locked upper circuit filter of 20% at Rs 74.40 on the National Stock Exchange. A combined 56,928 shares have already changed hands on the counter so far and there are pending buy orders for 30,342 shares on the NSE and BSE.

Aptech Limited too, frozen at 20% upper circuit of Rs 90.70. The trading volumes on the counter more than doubled. As many as 1.85 million shares have changed hands so far, against an average around 570,000 shares that were traded daily in past two weeks.

NIIT, and Zee Learn are few other stocks in the education space trading higher in the range of 3-5% on the BSE.

image
Business Standard
177 22
Business Standard

Education shares rally on huge volumes

SI Reporter  |  Mumbai 

Shares of companies engaged in delivering education on information technology platform are in limelight on the bourses. Infinite Computer Solutions (India), and have rallied more than 10% each on the back of huge volumes.

Everonn Education has surged 14% to Rs 452, extending its Monday’s 20% gain, after the Reserve Bank of India allowed the company to increase foreign institutional investment (FII) limit in the company up to 24%.

The company has already got shareholder approval to enhance the limit for purchase of its equity shares and convertible debentures by NRIs/PIOs through primary market and stock exchanges up to 24% of its paid up capital, under the Portfolio Investment Scheme.

Infinite Computer Solutions (India) has locked upper circuit filter of 20% at Rs 74.40 on the National Stock Exchange. A combined 56,928 shares have already changed hands on the counter so far and there are pending buy orders for 30,342 shares on the NSE and BSE.

Aptech Limited too, frozen at 20% upper circuit of Rs 90.70. The trading volumes on the counter more than doubled. As many as 1.85 million shares have changed hands so far, against an average around 570,000 shares that were traded daily in past two weeks.

NIIT, and Zee Learn are few other stocks in the education space trading higher in the range of 3-5% on the BSE.

RECOMMENDED FOR YOU

Education shares rally on huge volumes

Shares of companies engaged in delivering education on information technology platform are in limelight on the bourses. Infinite Computer Solutions (India), Everonn Education and Aptech have rallied more than 10% each on the back of huge volumes.

Shares of companies engaged in delivering education on information technology platform are in limelight on the bourses. Infinite Computer Solutions (India), and have rallied more than 10% each on the back of huge volumes.

Everonn Education has surged 14% to Rs 452, extending its Monday’s 20% gain, after the Reserve Bank of India allowed the company to increase foreign institutional investment (FII) limit in the company up to 24%.

The company has already got shareholder approval to enhance the limit for purchase of its equity shares and convertible debentures by NRIs/PIOs through primary market and stock exchanges up to 24% of its paid up capital, under the Portfolio Investment Scheme.

Infinite Computer Solutions (India) has locked upper circuit filter of 20% at Rs 74.40 on the National Stock Exchange. A combined 56,928 shares have already changed hands on the counter so far and there are pending buy orders for 30,342 shares on the NSE and BSE.

Aptech Limited too, frozen at 20% upper circuit of Rs 90.70. The trading volumes on the counter more than doubled. As many as 1.85 million shares have changed hands so far, against an average around 570,000 shares that were traded daily in past two weeks.

NIIT, and Zee Learn are few other stocks in the education space trading higher in the range of 3-5% on the BSE.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Claris Lifescien 201.90 20.00
Dynamatic Tech. 2675.80 17.14
Hindalco Inds. 102.90 12.03
M T N L 20.05 11.70
T N Newsprint 279.15 9.66
> More on BSE Gainers
Company Price() Chg(%)
Dynamatic Tech. 2681.85 18.59
Hindalco Inds. 102.95 12.02
M T N L 20.05 11.39
T N Newsprint 279.45 9.72
Muthoot Finance 233.95 8.99
> More on NSE Gainers
Company Price() Chg(%)
Tree House Edu. 70.75 -9.99
Jubilant Food. 1023.80 -7.95
Bliss GVS Pharma 91.15 -7.32
Bajaj Electrical 236.35 -6.99
Marksans Pharma 44.25 -6.15
> More on BSE Gainers
Company Price() Chg(%)
Tree House Edu. 70.85 -10.09
Jubilant Food. 1023.00 -8.00
Bliss GVS Pharma 91.10 -7.70
Lanco Infratech 4.35 -7.45
Bajaj Electrical 236.30 -6.93
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard