COMPANY NAME-           EDUCOMP   SOLUTIONS            12-NOV.-10.

RECOMMENDATION- SELL                     PRICE TARGET -          440                                         

                                    COMPANY BASIC INFORMATION

ISIN Id

INE216H01027

BSE Id

532696

NSE Id

EDUCOMP

INDUSTRY

Computers - Software - Training

Market Cap

4896.83

Book Value

126.60

EPS (TTM)

23.69

Price/Book

4.05

Face Value

2.00

P/E

21.64

Div(%)

137.50%

Industry P/E

21.11

P/C

15.44

Div Yield (%)

0.54

STOCK PRICE HISTORY( NSE)

All Time High   

5678.70

All Time Low     

52.45

52 Week High    

801.75

52 Week Low     

440.30

 

 

 

 

 

 

 

 

 

 

 

Recommendation-

The stock is in a major downtrend , after a steep fall from 800 levels to 440 earlier this year , the stock just managed to retrace around two third of its losses and by the time bears again took control. Once again the stock has formed an intermediate top and on Friday’s session it gave a breakdown from a flag pattern. We expect that the weakness in the stock will continue and maintain a Sell on the counter around 540 levels with a stop above 575 for a target of 440 within 2-3 weeks.