Education stocks gain after govt. focuses on digital education

With the largest working population, the government is taking steps to ensure education for all, Nirmala Sitharaman added.

Feb 01, 2020 08:02 IST India Infoline News Service

Shares of Zee Learn, Navneet Education and Career Point gained while NIIT Technologies and MT Educare slipped on the BSE after the Union Budget said that Rs 99,300cr will be allocated for Education sector in FY21

Union Finance Minister Nirmala Sitharaman said in the Union Budget 2020-21 that the government has announced Rs99,300cr outlay for the education sector in 2020-21 and Rs3,000cr for skill development. New Education Policy would be announced soon.

With the largest working population, the government is taking steps to ensure education for all, Nirmala Sitharaman added.

Stock view:
Zee Learn Ltd is currently trading at Rs18.85 up by Rs0.6 or 3.29% from its previous closing of Rs18.25 on the BSE.

Navneet Education Ltd is currently trading at Rs93.95 up by Rs1.7 or 1.84% from its previous closing of Rs92.25 on the BSE. 

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