Announced Wed, 29 Jul · 11:12 IST
Secured Rs 35.75 Crore work orders from Maharashtra Govt's MAHAJYOTI
CPEDU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹195.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.8+6.5+7.3+8.1+8.8+8.7+5.6———
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AI summary
Career Point Edutech won two work orders worth Rs 35.75 Crore from MAHAJYOTI, a Maharashtra government autonomous institute. The orders cover online coaching for JEE, NEET and CET exams for 6,500 OBC welfare students: 3,000 in class 11 (Rs 18.15 Cr) and 3,500 in class 12 (Rs 17.60 Cr). Each engagement runs two years, extendable for two more years.
Likely market impact
Government order strengthens order book with multi-year revenue visibility, positive for the stock.