The Securities and Exchange Board of India (Sebi) had conducted an investigation into the initial public offer (IPO) of Edserv on NSE for the period from March 2-9, 2009 and on BSE from March 2-6, 2009.
Here's how small cap stocks opened on December 6.
Edserv Softsystems has reported a consolidated sales turnover of Rs 2.45 crore and a net loss of Rs 1.89 crore for the quarter ended Dec '12
Edserv Softsystems board to consider preferential issue of shares/warrants to Promoters/Institution, reports CNBC-TV18. At 09:27 hrs Edserv Softsystems was quoting at Rs 18.85, up Rs 0.40, or 2.17%.
Edserv Softsystems lost 4.8 percent to close at Rs 15.95 on Tuesday as KBC Aldini Capital Mauritius Limited have sold 1.5 lakh equity shares of the company at Rs 16.25 a share yesterday.
Chennai-based EdServ Softsystems has signed a pact with online retailer Amazon.com to offer EdServ's 2tionPlus educational applications on Amazon apps store worldwide.
Edserv Softsystems has reported a sales turnover of Rs 15.07 crore and a net profit of Rs 0.64 crore for the quarter ended Dec '11
Edserv Softsystems has reported a sales turnover of Rs 36.15 crore and a net profit of Rs 1.49 crore for the quarter ended Sep '11
Buy Edserv Softsystems, says Siddhartha Chaterjee of Trustline Securities
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
S Giridharan, chief executive officer of Edserv Softsystems in an interview to CNBC-TV18 spoke about the latest happenings in the company and the road ahead.
IT training services provider Edserv Softsystems today said Hindi daily Dainik Bhaskar has picked up a 2.7% stake in the firm for Rs 15 crore.
Buy Edserv Softsystems, says Rajesh Agarwal of Eastern Financers.
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Education support services company EdServ Softsystems has reported a marginal 6% increase in net profit to Rs 7.30 crore for the first quarter ending June 30, 2011.
Edserv Softsystems will raise up to USD 35 million through a GDR. S Giridharan, Edserv Softsystems said, the company had initially given a 50% top-line growth guidance. “But now that the GDR has been finalised, we would like to increase that by 10%. So, 60% growth could be expected compared to the last financial year,” he added.
IT training services provider Edserv Softsystems today said it will raise up to USD 35 million (nearly Rs 155 crore) through a Global Depositary Receipt (GDR) issue to fund expansion plans.
Education services provider Edserv Softsystems said on Monday its board has approved raising up to USD 35 million through global depositary receipts to fund expansion, sending its shares up more than 3%.
Edserv Softsystems board has approved fund raising of upto USD 35 million via GDR, reports CNBC-TV18. It touched an intraday high of Rs 141.70 and an intraday low of Rs 137.40. At 11:06 hrs the share was quoting at Rs 139.90, up Rs 3.20, or 2.34%.
Edserv Softsystems said on Tuesday it has entered into a partnership with CAClubIndia, which will help the education services company deliver its CA coaching content to about 600,000 students.
Sharmila Joshi, Head of Equities, Fairwealth Securities is of the view that Edserv Softsystems has target of Rs 147.
Edserv Softsystems expects government orders worth Rs 40-45 crore in FY12 for vocational training services, as India increasingly focuses on setting up more institutes imparting skills training.
Education services provider Edserv Softsystems expects Indian government orders worth Rs 400-450 million in the current fiscal for skill upgradation services and infrastructure, a top official told Reuters on Tuesday.
Speaking to CNBC-TV18, S Giridharan, CEO of Edserv Softsystems, said that the company is on the expansion mode and it is aiming to post 50% growth in FY12.
Edserv Softsystems has announced its fourth quarter results. The company's Q4 net profit was up at Rs 11.5 crore versus Rs 6.2 crore.