Core Education & Technologies is currently trading at Rs. 271.20, up by 0.10 points or 0.04% from its previous closing of Rs. 271.10 on the BSE.
The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 273.50 and Rs. 267.50 respectively. So far 7,069 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 350.60 on 08-Apr-2011 and a 52 week low of Rs. 245.20 on 25-Jan-2012.
Last one week high and low of the scrip stood at Rs. 279.95 and Rs. 266.00 respectively. The current market cap of the company is Rs. 3,045.00 crore.
The promoters holding in the company stood at 46.38% while Institutions and Non-Institutions held 25.37% and 28.26% respectively.
Core Education & Technologies, a leading global education solutions provider, has marked its first international foray in higher education, by entering Middle East. This venture is in partnership with the Government of Ras Al Khaimah & Birla Institute of Technology, Ranchi (BIT), a premier engineering institute of India.
Core is establishing its academic learning centre at Ras Al Khaimah Free Trade Zone (RAK FTZ) in an agreement with BIT, Ranchi, offering programs in engineering, architecture and business administration. The company also plans to launch an executive MBA programme in this academic year in collaboration with a leading international university at RAK campus.
Core Education & Technologies has established its operations in 46 states in the USA, 40 educational departments in the UK, 12 in India, 3 in Caribbean countries, 8 in Africa, Asia-Pacific and the Middle East. Core currently has offerings in three major sectors of education - K12, Skill Development and Higher Education. This initiative in the higher education domain is Core's first step towards its larger business goals in this region.
Core operate in three segments; Education, Enterprise Resource Planning (ERP) and consulting and logistics. The major contribution to the revenues of the company comes from the education solutions segment which contributed about 75% to the total revenues of CPTL in FY10 while the ERP segment contributed about 19% and the remaining 6% came from the consulting and logistics segment.
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