Career Point’s scrip shoots up with announcement of six new tutorial projects

The shares of Career Point, a company that provides coaching and hostel services in the sectors of informal and formal education, jumped by over 8% intraday during Monday’s trading session after the company announced that it has entered into six new agreements in the tutorial space, including three school association projects and three new franchisee centres at multiple locations.
 
The new partnerships are aimed at providing best in-class tutorial services of Career Point to students at these institutions, preparing them for pre-engineering, pre-medical and other competitive examinations.
 
Meanwhile, the company’s stock was trading up by 7.79% at Rs 121 per share on the BSE at 1234 hours. It opened at Rs 115 per share and touched its intraday high and low at Rs 123.60 and Rs 110 per share, respectively. It attracted total traded volume of 11,96,763 shares and traded value of Rs 1,397 lakh on the NSE at 1236 hours. Its 52-week high stood at Rs 141.80 as on October 26, 2016 and low at Rs 92.35 as on August 11, 2017.