Wednesday, May 19, 2010

Update on EDUCOMP:

Previous Post ( talked about how EDUCOMP is weak and the Head & Shoulders broke down. The stock has hit Rs 550 low yesterday and now our downside target is over, still the stock looks very weak and current weak condition of overall market is adding to its weakness. I hold no view on this stock further.

Recent developments about EDUCOMP:    Dell takes aim at education segment by partnering with Educomp Educomp signs JV with Lavasa Corp to set up schools  Educomp, Pearson JV hopes to gain from UID project Educomp Solutions Q4 net up 9 per cent at Rs 60 cr Educomp bags Rs 51.14 cr order from Bihar govt

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