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Mar 16, 2010, 07.18 PM IST
Usha Martin Education and Solutions Ltd has seen a phenomenal rise in its stock price in the last few months. It was trading at Rs 10 in November. It went on to Rs 20-22 by February and is currently trading at Rs 33.
 Usha Martin Education and Solutions Ltd, a part of the Usha Martin group - a conglomerate with interests in wire ropes, steel, communication software, mobile value added services, and infrastructure development - has forayed into school management services. The company plans to target and enable atleast 15 schools from Jharkhand, Bihar and West Bengal. The focus is on English medium school especially in the non-metro towns.The company aims to add 200 schools in its network in the next seven years. It has partnered with Pearson, a global education and media company as the primary service provider, which includes providing content and the curriculum among other things. The fees for the curriculum have been pegged at Rs 750-1250 per month depending on the location and class. Usha Martin Education & Solutions has seen a phenomenal rise in its stock price in the last few months. It was trading at Rs 10 in November. It went on to Rs 20-22 by February and is currently trading at Rs 33. On next page: Saugata Banerjee, CEO, Usha Martin Education & Solutions Ltd speaks about school rollout plans of the company.
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