Career Point enters six tutorial projects

India Infoline News Service | Mumbai | August 28, 2017 14:05 IST

The shares of Career Point jumped by over 8% intraday during Monday’s trading session after the company announced that it has entered into six new agreements in its tutorial division including three school association projects and three new franchisee centres at multiple locations.

Market at higher point1
The shares of Career Point jumped by over 8% intraday during Monday’s trading session after the company announced that it has entered into six new agreements in its tutorial division including three school association projects and three new franchisee centres at multiple locations.
 
The new partnerships are aimed at providing best in-class tutorial services of Career Point to students at these institutions preparing them for pre-engineering, pre-medical and other competitive examinations.
Meanwhile, the stock was trading up by 7.79% at Rs 121 per share on BSE at 1234 hours. It opened at Rs 115 per share. It touched its intraday high and low at Rs 123.60 and Rs 110 per share, respectively.
 
The stock attracted a total traded volume of 11,96,763 shares and traded value of Rs 1,397 lakh on NSE at 1236 hours. Its 52-week high stood at 141.80 as on October 26, 2016 and the 52-week low was at Rs 92.35 as on August 11, 2017.
 
Career Point provides coaching services and hostel services. The company is in education field and operates through two segments viz. Informal and Formal Education. It has diversified products and integrated services in both regulated and non-regulated education, including Test Preparation, Schools (Pre-schools and K12), Technical Campuses and Private Universities in multiple geographies.

***Note: This is a NSE Chart

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