Educomp Solutions surges 4%; arm enters JV with Ebix Soft

The company said its arm Educomp Software entered joint venture with Ebix Soft to incorporate company Ebix Educomp Learning.

Jul 18, 2016 10:07 IST India Infoline News Service

Educomp Solutions Ltd stock ended 4% up to Rs.13.72. The company said its arm Educomp Software entered joint venture with Ebix Soft to incorporate company Ebix Educomp Learning.

The scrip opened at Rs. 14.25 and touched a high and low of Rs. 14.4 and Rs. 13.5 respectively. A total of 3623330(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 161.29 crore.
The BSE group 'B' stock of face value Rs. 2 touched a 52 week high of Rs. 18.25 on 05-Jan-2016 and a 52 week low of Rs. 9.74 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 14.25 and Rs. 13.05 respectively.
The promoters holding in the company stood at 44.78 % while Institutions and Non-Institutions held 1.45 % and 53.77 % respectively.
The stock traded above its 200 DMA.

Related Story