Veranda Learning Solutions zooms on inking pact with Cambridge University Press & Assessment
Veranda Learning Solutions is currently trading at Rs. 243.25, up by 12.45 points or 5.39% from its previous closing of Rs. 230.80 on the BSE.
The scrip opened at Rs. 233.30 and has touched a high and low of Rs. 249.00 and Rs. 222.00 respectively. So far 38795 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. 249.00 and Rs. 225.00 respectively. The current market cap of the company is Rs. 1679.77 crore.
The promoters holding in the company stood at 53.63%, while Institutions and Non-Institutions held 2.36% and 44.01% respectively.
Veranda Learning Solutions has entered into a strategic alliance with Cambridge University Press & Assessment India. Veranda is appointed as an Associate Partner for Cambridge in India and to play an important role in recruiting, onboarding and supporting schools in the Cambridge community with a specific focus on tier 2 and tier 3 cities. With a growing acceptance of international curriculum across India, Cambridge recently announced its vision to expand to 1,000 schools in the country. This strategic partnership with Veranda supports this expansion.
Leveraging Veranda Learning's integrated capabilities and design support, the partnership will empower schools with the necessary expertise to implement the Cambridge Pathway. This includes the provision of expert teachers, teacher training programmes, a commitment to academic rigour for enhanced learning outcomes, and the essential tools for students to pursue their educational aspirations
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).