Wins 1.5 Cr coaching order from Maharashtra govt institute VANARTI

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CPEDU · price

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Price reactionminutes from the announcement price · days from the prior close

-4.3%Reaction day

₹184.00

prior close

₹183.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-2.3% vs market

Education peers, median of 13sector-1.7%-2.6% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.6 pts less than its Education peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3-2.0-2.3-1.7-2.6

Next day

-5.4-0.1-5.3+1.0-6.5

-4.9-1.6-3.3-1.0-3.9

-5.7-2.7-3.0-3.3-2.4

-1.1+0.3-1.4-2.8+1.7

-2.7+2.0-4.8-2.1-0.6

-2.7+3.7-6.4-0.8-1.9

15d

+10.8+5.2+5.6+0.9+10.0

+7.4+3.3+4.1+1.4+6.0

+13.5+9.0+4.5-5.1+18.6

+4.2+11.8-7.6-5.3+9.5

UpDownMarket · Nifty Microcap 250Sector · Education peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Career Point Edutech secured a work order worth about Rs 1.5 crore from VANARTI, an autonomous institute of the Government of Maharashtra. The order covers online and offline coaching for JEE, NEET, and CET exams for 300 students from the Other Backward Bahujan Welfare Department of Maharashtra. Services include live lectures, mentoring, study material, online tests, and tablets with data connectivity. The contract runs for two years and may be extended by two more years. Payments are tied to course completion milestones.

Likely market impact

Modest but positive order from a government client adds to order book. Two-year tenure with extension option provides revenue visibility for the education services vertical.