|Mr. Srikrishna, CEO-Birla Shloka Edutech Ltd., Mr. Derek Price, Chief Executive Officer, Linguaphone Group, Mr. Yash Birla- Chairman, The Yash Birla Group, Mr. Tunku Iskandar- Group Managing Director of the Melewar Group and Mr. Mushtaq Biradar.|
File Photo: Indian Corporate Buzz
RESISTANCE: 7570 / 7600
SUPPORT: 7530 / 7480
The Company has three subsidiaries i.e.
1. Birla Edutech Limited.
2. Wholly-owned foreign subsidiary, viz. Birla Shloka Edutech ltd.FZE.
3. Ojus Healthcare private Limited
The Company has a curriculum based educational software program viz., ‘XL@school’ as per the syllabus prescribed by different Educational Boards that is designed to impart academic knowledge through electronic media. To cope up with the increased business opportunities, your Company has made considerable investment in research and development areas, ongoing quality enhancement program and infrastructure facilities, etc. The Company has planned to expand its business in Information and Communication Technology (ICT) solution for various government schools segment. The governments are keen to explore the Public Private Partnership (PPP) model for setting up of Schools which the private partner will design, build, finance and manage. The company sees enormous potential in this space for future growth as more and more states are likely to devise and implement similar schemes for Senior Secondary Education and probably in primary education too. The Company is aggressively participating in tenders of various state government projects and vigorously pursuing such initiatives across the country. Moreover, the Book Value of he shares of the company is Rs.50.36 and at Rs.5.08 it has a market cap of only Rs.10.47 Cr. In March, 2014 quarter it showed a turnaround. Risk taking traders can buy at least 10, 000 shares of the company and keep holding. It is a screaming buy at the current market price.
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