Veranda Learning Solutions rises on entering into strategic partnership with Illinois Tech
Veranda Learning Solutions is currently trading at Rs. 319.00, up by 6.15 points or 1.97% from its previous closing of Rs. 312.85 on the BSE.
The scrip opened at Rs. 316.15 and has touched a high and low of Rs. 322.95 and Rs. 316.15 respectively. So far 1569 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 337.05 on 12-Dec-2023 and a 52 week low of Rs. 155.00 on 13-Jun-2023.
Last one week high and low of the scrip stood at Rs. 337.05 and Rs. 303.05 respectively. The current market cap of the company is Rs. 2164.85 crore.
The promoters holding in the company stood at 53.46%, while Institutions and Non-Institutions held 3.00% and 43.54% respectively.
Veranda Learning Solutions has entered into strategic partnership with Illinois Institute of Technology (Illinois Tech). This collaboration aims to enhance the educational offerings in both information technology and K–12 Dual Credit programs, providing students with unparalleled access to cutting-edge courses and fostering a seamless pathway to higher education. Technology courses will be offered through Veranda subsidiary Edureka, and Veranda K–12 will offer the dual credit program.
In the K–12 Dual Credit programs, this partnership offers students in grades 8–12 valuable foundational knowledge. It allows learners to earn credits that can be applied toward higher education at international universities. This unique approach bridges the gap between secondary and tertiary education, preparing students for a seamless transition to the global academic arena.
Veranda Learning Solutions is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates (collectively Students) professionals and corporate employees (Learners).