Business Standard

Educomp surges on debt payment hopes

EDUCOMP-INDIA-STOCK-SURGE:Educomp surges on debt payment hopes

Read more on:    Educomp | India | Stock | Surge | Educomp Solutions
Related News

 

Reuters Market Eye - Shares in Solutions Ltd 8.4 percent after the company said it has raised $155 million via external commercial borrowings, of which it plans to pay off foreign currency convertible bonds (FCCBs) worth $78.5 million.

Traders say the July payment due on its FCCBs had been an overhang on the of the education services provider. Educomp shares have fallen 28.6 percent as of Tuesday's close versus the 10.3 percent rise in the Nifty.

Read more on:   
|
|
|
|

Read More

Sensex zooms 439 pts on GAAR relief, EU deal

The stock markets surged over two per cent on Friday on heavy buying from foreign investors after the government soothed their nerves by proposing ...

Quick Links

 

Market News

MSCI rejig worries weigh on HDFC Bank stock

Analysts feel about 29 million shares, or 1.2% of HDFC Bank's total equity base, worth Rs 35 cr, could be offloaded by foreign investors

Markets at day's highs; Sensex up 300 points

Investors bet aggressively on the day when voting in underway in 121 Lok Sabha constituencies of the electorate in 12 states across the country ...

Web special: Major support zone for Nifty seen near 6,666

Check out the F&O trends in select stocks with Chandan Taparia, Derivative Analyst, Anand Rathi

Technical trends in ICICI Bank, RIL, L&T, Maruti Suzuki

Check out the technical trends in select stocks with Mohit Gaba, independent technical analyst and trader

FII stake in ICICI Bank hits 6-year high

FIIs increased their stake in ICICI Bank to 39.85% in the March 2014 quarter from 38.39% in the quarter ended December 2013.

Back to Top