Navneet Education Ltd.

NSE: NAVNETEDUL | BSE: 508989 | ISIN: INE060A01024 | Industry: Publishing
| Strong Performer, Under Radar
142.4300 0.43 (0.30%)
NSE Apr 30, 2025 15:31 PM
Volume: 88,249
 

142.43
0.30%
Religare
Navneet Education Ltd. (NEL) delivered robust set of numbers in Q2FY19 which came in marginally ahead of our estimates. Its net sales grew by 44.5% yoy led by publication segment which grew by 52.1% yoy. Traditionally Q1 is a strong quarter for NELs publication segment, however delays on account of licensing led to spillover of revenues in Q2. Its stationery segment also registered a robust growth of 29.5% yoy in Q2FY19.
Navneet Education Ltd. is trading below its 200 day SMA of 144.4
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