S Chand And Company zooms on getting nod to acquire minority stake in Edtech business
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S Chand And Company is currently trading at Rs. 219.65, up by 8.80 points or 4.17% from its previous closing of Rs. 210.85 on the BSE.
The scrip opened at Rs. 221.00 and has touched a high and low of Rs. 228.80 and Rs. 213.60 respectively. So far 18001 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 233.50 on 13-Mar-2023 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. 233.50 and Rs. 206.95 respectively. The current market cap of the company is Rs. 780.82 crore.
The promoters holding in the company stood at 47.14%, while Institutions and Non-Institutions held 6.08% and 46.77% respectively.
S Chand And Company has received approval to acquire minority stake in an Edtech business with investment of upto Rs 3 crore. The Board of Directors of the Company at its meeting held on March 16, 2023 approved the same.
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.
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