Press Esc to close
Tuesday 03 May 2016
News updated at 9:25 PM IST
Weather
Max: 36.6°C
Min : 24.7°C
In Bengaluru
Sunny day

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

Mumbai, Feb 28, 2013, (PTI):

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
A truck loaded with LPG cylinders overturns after the driver lost his control at Ambari area...

A truck loaded with LPG cylinders overturns after the driver lost his control at Ambari area...

A girl arrives to collect water from an almost dried pond at a village near Allahabad...

A girl arrives to collect water from an almost dried pond at a village near Allahabad...

Indian coast guard personnel participate in a mock drill during the National Maritime Search...

Indian coast guard personnel participate in a mock drill during the National Maritime Search...

A hen along with its featherless chicks in Dimapur, Nagaland on Tuesday...

A hen along with its featherless chicks in Dimapur, Nagaland on Tuesday...

Firefighters trying to extinguish a fire at Simhastha Mahakumbh in Ujjain...

Firefighters trying to extinguish a fire at Simhastha Mahakumbh in Ujjain...

Bollywood actor Jacqueline Fernandez with Siddharth Malhotra during a launch event in Mumbai...

Bollywood actor Jacqueline Fernandez with Siddharth Malhotra during a launch event in Mumbai...

Winner of Best Actor award Amitabh Bachchan and Best Actress award Kangna Ranaut at the 63rd...

Winner of Best Actor award Amitabh Bachchan and Best Actress award Kangna Ranaut at the 63rd...

Flames trail Danica Patrick's car after she crashed into Matt Kenseth...

Flames trail Danica Patrick's car after she crashed into Matt Kenseth...

A Hindu priest holds a traditional lamp as he performs evening prayers called Aarti...

A Hindu priest holds a traditional lamp as he performs evening prayers called Aarti...

A scene at a road during dust storm in Jaipur on Monday...

A scene at a road during dust storm in Jaipur on Monday...