Once the sunshine segment of the education market, education technology companies including Educomp Solutions, Core Education & Technologies and Everonn Education are now reeling under rising losses and falling revenues.
ICICI Bank | Heritage Foods | Varun Beverages | BHEL | EID Parry | Britannia | Asahi India Glass | Asahi Songwon | Tata Metaliks | Dish TV | Sun TV | Den Networks | Hotel Leela and Everonn Education are stocks, which are in the news today.
M&M | Syngene International | Inox Leisure | Raymond | Pratibha Industries | Castrol | IOC | Jyoti Structures | Maruti Suzuki | UPL | Godrej Properties | Yuken India | Rollatainers | ABG Shipyard | Everonn Education | Unity Infra and Viaan Industries are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Sun TV, Jet Airways, SpiceJet, IndiGo, Biocon, BF Utilities, Motherson Sumi, Indiabulls Real Estate, Petronet LNG, JK Tyre, Educomp, Everonn, and Aptech.
Maruti Suzuki | Max India | Lupin | Aditya Birla Nuvo | DLF | Godrej Properties | RCF | Divis Labs | Quick Heal | Strides Shasun | ONGC | JK Tyre | IDBI Bank | Godrej Consumer Products | Electrosteel Steels | Heritage Foods | KDDL | Idea Cellular | Hitech Plast and Everonn Education are stocks, which are in the news today.
"The board of directors, on August 18, has proposed the conversion of loan into equity by preferential allotment of equity shares to the promoter group," said the education services provider.
Infosys | DLF | Mastek | IOC | Everonn Education | SBI | Jaypee Infratech | Jindal Saw | Vedanta and MMTC are stocks, which are in the news today.
Core Education, Career Point, Everonn Education and MT Educare were up 3-5 percent on the back of govermnet focus on improving education.
Education stocks like Career Point, Everonn Education, MT Educare, Educomp Solutions, Aptech and NIIT shot up 2-4 percent ahead of likely increase in education spending in Union Budget 2015-16.
Everonn Education has reported a standalone sales turnover of Rs 11.22 crore and a net loss of Rs 21.64 crore for the quarter ended Dec '13
Here's how small cap stocks opened on November 27
Everonn Education has reported a standalone sales turnover of Rs 11.30 crore and a net loss of Rs 23.10 crore for the quarter ended Sep '13
Everonn Education has reported a standalone sales turnover of Rs 10.46 crore and a net loss of Rs 22.94 crore for the quarter ended Jun '13
Tata Steel | GMR Infrastructure | Rain Commodities | IVRCL | Voltas | Educomp | Escorts | Orbit Corp | Neyveli Lignite | Deccan Chronicle Holdings | JHS Svendgaard | Ess Dee Aluminium | Punj Lloyd | Strides Arcolab | JBF Industries | Pidilite Industries | Everonn Education | SAIL and Jain Irrigation are stocks, which are in the news today.
In an interview to CNBC-TV18, A Srinivasan, MD of Everonn Education spoke about the strategy for the company, going forward. He expects the bottomline to improve as it shifts to higher return yielding models.
A Srinivasan, managing director, Everonn Education is bullish that the company's margins will improve in the coming fiscal. The company developed three or four new products and platforms and plans to hit the market with them by July. He said the company plans capex of Rs 70 cr in K-12 schools this year.
Rajesh Agarwal, Head of Research, Eastern Financiers advises to exit from Everonn Education.
Shares of Everonn Education slumped 8 percent to Rs 54.50 after rating agency CARE downgraded the company‘s credit rating to default. CARE said the company has been unable to pay interest on Rs 810 crore worth of loans to banks.
In CNBC-TV18's popular show Bull's Eye, Shahina Mukadam, Fairwealth Securities shares trading strategy of the day.
Bull's Eye, CNBC-TV18's 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.
In CNBC-TV18's popular show Bull's Eye, Rajesh Agarwal, Eastern Financiers shares trading strategy of the day.
Bull's Eye, CNBC-TV18's 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 stocks rallied quite sharply after the Finance Minister P Chidambaram hiked allocation for education programme by 17 percent in Budget.
Everonn Education has reported a standalone sales turnover of Rs 15.63 crore and a net loss of Rs 129.27 crore for the quarter ended Dec '12
On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja of vibranttrades.com, Shardul Kulkarni of Angel Broking and Rajeev Agarwal of www.dynamixresearch.in, place their bets on two stocks each, thus offering investors a variety of options to choose from