MT Educare Ltd. News and Updates

Name: Latest research reports of MT Educare Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: MT Educare Ltd.
Rating: 5
Author: Angel Broking

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MT Educare Ltd.

25 Jan 2016

2.00

2.04%

MT Educare Limited

Business Line

MT Educare will seek shareholders approval for raising 100 crore through issue of securities in a qualified institutional placement, the firm said in an exchange filing. The shareholders meet has b...

MT Educare Ltd. is trading below all available SMAs

MT Educare Ltd.

19 Jan 2016

2.00

2.04%

MT Educare surges ahead of board meet for fund raising

Business Standard

The stock surged 9% to Rs 157 ahead of board meeting tomorrow to consider the proposal of raising funds via QIP.

MT Educare Ltd. has lost -51.10% in the last 1 Year

MT Educare Ltd.

18 Dec 2015

2.00

2.04%

MT Educare hits lifetime high on heavy volumes

Business Standard

The stock rallied 10% to Rs 162, extending its previous day's 7% gain on the National Stock Exchange.

MT Educare Ltd. has lost -51.10% in the last 1 Year

MT Educare Ltd.

07 Nov 2015

2.00

2.04%

MT Educare Ltd- Research Report

Buy: MT Educare Ltd.

Angel Broking

For 2QFY2016, MT Educare reported results above our estimates. The companys top-line growth was strong mainly due to firm growth in Robomate product sales as well as Government Projects segment. However, the core coaching business was subdued during the quarter. On the operating front, the company saw pressure due to increase in other costs. However, higher other income and a lower tax expense boosted the companys overall profitability. Strong growth in Robomate product sales and Government Projects segment boost overall consolidated top-line: For the quarter, MT Educare registered a doubledigit growth in its top-line, ie of 26% yoy to ~Rs83cr, on back of strong growth in Robomate poduct sales (at Rs17.6cr) as well as in the Government Projects segment. However, the core coaching business was subdued during the quarter. PAT grew ~21% yoy: Despite of operating margin pressure, which was on account of higher other costs, MT Educare posted a net profit growth of ~21% yoy to ~Rs14cr, owing to strong revenue growth, higher other income and lower taxes. Outlook and valuation: We expect MT Educare to report a strong top-line and bottom-line growth in the coming financial years (FY2016E and FY2017E) on back of healthy growth in coaching business...

MT Educare Ltd. is trading below all available SMAs

MT Educare Ltd.

21 Oct 2015

2.00

2.04%

MT Educare 21Oct2015

MT Educare Ltd.

Phillip Capital

students from 9 grade to the 12 grade in science/commerce streams, for engineering, medical and MBA entrance exams, and for chartered accountancy exams. The company operates in 136 locations across 10 states in India (major presence in Mumbai), has 2,500+...

MT Educare Ltd. is trading below all available SMAs

MT Educare Ltd.

31 Aug 2015

2.00

2.04%

MT Educare Ltd: Proxy Play on Indian Demographic Dividend Through Education (Aug 31, 2015)

Buy: MT Educare Ltd.

Karvy

Potential growth in Science Segment: The science segment has shown consistent growth since FY10; revenue from the science segment was Rs.214mn during FY10, which increased to Rs.765mn in FY15. We expect the number of student signups to grow at 10% and the realization per student is likely to surge by 7 to 9% thus contributing an overall growth rate of 18% for the science segment and now company is set to expand its operationsin Pune, Kolhapur and Nashik. The Karnataka Pre-University (PU) College Tie-up Model is one of the most significant growth areas under the science vertical. MT Educare has 18 tie-ups to provide their services, which include 4 tie-ups undertaken in the FY15-16 and company is planning to expand its tie-ups to the total of 30 colleges by the end of FY17E-18E.

MT Educare Ltd. is trading below all available SMAs

MT Educare Ltd.

20 Aug 2015

2.00

2.04%

MT Educare (138.3)

Business Line

On Wednesday, the stock MT Educare jumped more than 7 per cent accompanied by above average volume. In the process, it decisively breached a key resistance at 130. Investors with a short-t...