Career Point inks pact with Plancess EduSolutions
Education sector player, Career Point soared over 3% at Rs 105.50 per share on BSE during Friday’s intraday trade.
Career point is evaluating acquisition of majority shareholding in Mumbai-based Ed-tech Company Plancess EduSolutions. The two companies have entered into an exclusive Memorandum of Understanding to execute the proposed transaction.
Meanwhile, on BSE, the stock surged over 3% at Rs 104.25 on Friday’s trade post lunch hours. On NSE, the stock attracted a traded volume of 81,304 shares and a traded value of 87.12 lakhs.
There are 739 advances, 871 declines and 339 unchanged stocks, indicating a slight bearish undertone in the market.
Career Point Limited is an India-based company that provides coaching services and hostel services. The company is in the education field and operates through two segments: Informal and Formal Education.
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Via:: Stock – India Infoline