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.