Press Esc to close
Tuesday 26 July 2016
News updated at 11:53 AM IST
Weather
Max: 30.3°C
Min : 20.4°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
Legendary Santoor player Pandit Shivkumar Sharma being felicitated during an event...

Legendary Santoor player Pandit Shivkumar Sharma being felicitated during an event...

Members of the Indian archery team, the first to reach Brazil for the upcoming Olympics...

Members of the Indian archery team, the first to reach Brazil for the upcoming Olympics...

Kanwarias on their way to offer holy water to Lord Shiva on the occasion of holy month of Shravan...

Kanwarias on their way to offer holy water to Lord Shiva on the occasion of holy month of Shravan...

Actress Kajal Aggarwal receiving an award at 'Femina Power List South 2016'...

Actress Kajal Aggarwal receiving an award at 'Femina Power List South 2016'...

Coast Guard IG Rajan Bargotra briefing on the search operations of missing IAF AN-32 aircraft...

Coast Guard IG Rajan Bargotra briefing on the search operations of missing IAF AN-32 aircraft...

Mumbai crowned Premier Futsal champions in Mapusa...

Mumbai crowned Premier Futsal champions in Mapusa...

Chief of Army Staff, General Dalbir Singh paying homage to the martyrs of OP VIJAY...

Chief of Army Staff, General Dalbir Singh paying homage to the martyrs of OP VIJAY...

School studentsí celebrate Kargil Vijay Diwas in Jalandhar...

School studentsí celebrate Kargil Vijay Diwas in Jalandhar...

Forest officials patrolling in a boat on the flooded Kaziranga National Park on Monday...

Forest officials patrolling in a boat on the flooded Kaziranga National Park on Monday...

KSRTC buses were parked on following the State Transport Unions strike...

KSRTC buses were parked on following the State Transport Unions strike...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523