S Chand And Company moves up on the bourses
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S Chand And Company is currently trading at Rs. 189.40, up by 6.30 points or 3.44% from its previous closing of Rs. 183.10 on the BSE.
The scrip opened at Rs. 190.05 and has touched a high and low of Rs. 195.55 and Rs. 187.55 respectively. So far 27388 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 205.00 on 06-Sep-2022 and a 52 week low of Rs. 92.20 on 23-May-2022.
Last one week high and low of the scrip stood at Rs. 197.55 and Rs. 174.65 respectively. The current market cap of the company is Rs. 659.34 crore.
The promoters holding in the company stood at 47.30%, while Institutions and Non-Institutions held 5.60% and 47.10% respectively.
S Chand And Company through its wholly owned subsidiaries namely, Vikas Publishing House (Vikas) and Chhaya Prakashani (Chhaya) have completed the second tranche of investment of Rs 90.08 lakh in iNeuron Intelligence. Against this investment iNeuron has allotted equity shares to Vikas & Chhaya. Post this acquisition, the total investment of the company including investment through its wholly owned subsidiaries in iNeuron is 5.79 % on fully diluted basis.
S Chand And Company is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. It delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments.
