Press Esc to close
Monday 29 May 2017
News updated at 2:10 AM IST

Education stocks rally as much as 12% in late morning trade

Mumbai, Feb 28, 2013, (PTI): 13:45 IST
Shares of companies related to education sector surged as much as 12 per cent today after Finance Minister P Chidambaram allocated Rs 65,867 crore to the HRD Ministry and said one overarching goal is to provide education and skills to youth for securing jobs in 2013-14.

Following the announcement, Everonn Education jumped by 11.80 per cent to Rs 72.50, while Educomp Solutions spurted by 6.71 per cent to Rs 90.60 on the BSE.

Among others, MT Educare was trading higher by 4.25 per cent, Career Point (4.89 per cent), Tree House Education & Accessories (2.02 per cent) and Zee Learn (2.66 per cent).

Similarly, shares of DMC Education climbed 6.64 per cent, while ACE EDUTREND shot up by 3.46 per cent.

The Finance Minister in his budget speech also said Rs 4,727 crore will be allocated for medical education and research Rs 1,069 crore will be given to Department of Ayush.
In the broader market, the BSE benchmark Sensex was trading at 19,183.84, up 31.43 points at 1148 hrs

Go to Top

Photo Gallery
Vermicelli

Vermicelli

Curfew in Downtown Srinagar

Curfew in Downtown Srinagar

Ramadan in Delhi

Ramadan in Delhi

Grand champion Hakuho,

Grand champion Hakuho,

‘Eduverse’ Jnana Degula the premier education expo by DH, PV

‘Eduverse’ Jnana Degula the premier education expo by DH, PV

Protest in Sohna

Protest in Sohna

Flooded Colombo

Flooded Colombo

Formula One Grand Prix

Formula One Grand Prix

CBSE declares results

CBSE declares results

Balija Community Bruhath Samavesha

Balija Community Bruhath Samavesha

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.