New Document top_band
 
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

Nafed seeks a 12% cut in NSEL dues

Argues that NSEL procured low quality cotton resulting into losses of Rs 12 cr to Nafed

Uttarakhand to impose 2% entry tax on sugar

Move to stop units from buying commodity from Uttar Pradesh

Markets end at record closing highs

Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.

Sensex up 100 points; Infy, TCS up 2%

Sesnex is up 93 points at 26,119 and Nifty is up 18 points at 7,786 levels

Atul Limited soars over 10% on robust Q1 earnings

Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.

Back to Top