Educomp surges on debt payment hopes

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

 

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.

image
Business Standard
177 22
Business Standard

Educomp surges on debt payment hopes

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

Reuters 



 

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.

RECOMMENDED FOR YOU

Educomp surges on debt payment hopes

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

Reuters Market Eye - Shares in Educomp Solutions Ltd surge 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.

 

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.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

STOCK WATCH

Company Price() Chg(%)
Jindal Steel 80.35 14.79
Bajaj Fin. 9853.40 9.75
Amtek Auto 51.60 7.50
DCM Shriram 230.65 6.68
JP Power Ven. 6.57 6.14
> More on BSE Gainers
Company Price() Chg(%)
Jindal Steel 80.35 14.70
Bajaj Fin. 9848.35 9.63
Amtek Auto 51.60 7.50
DCM Shriram 230.55 7.16
Aditya Bir. Fas. 148.60 6.14
> More on NSE Gainers
Company Price() Chg(%)
Caplin Point Lab 1110.35 -8.60
Unitech 7.02 -8.47
Welspun India 100.50 -7.29
Navin Fluo.Intl. 2287.75 -7.28
GHCL 210.10 -6.75
> More on BSE Gainers
Company Price() Chg(%)
Caplin Point Lab 1109.95 -9.33
Unitech 7.00 -8.50
Welspun India 100.10 -7.36
Firstsour.Solu. 49.25 -6.81
Karur Vysya Bank 481.55 -5.39
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

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