1:10 Split: Education Stock Under Rs 110 Hits 20% Upper Circuit, FII/FPI Increase holdings

Small cap company operating in education sector, Shanti Educational Initiatives shares hit 20% upper circuit on April 27, 2024. Last trading price of Shanti Educational Initiatives share on BSE is Rs 70.43 apiece. The FII-backed small cap company has a market capitalisation of Rs 1133.92 crore. Earlier this year on February 27, 2024 Shanti Educational Initiatives approved the sale of the entire shareholding of the Company in Shanti Learning Foundation a Subsidiary Company to non-related Parties. More details below:

FII Stake In Shanti Educational: FII/FPI have increased holdings from 18.84% to 19.01% in Dec 2023 quarter. Number of FII/FPI investors remains unchanged at 7 in Dec 2023 quarter. Institutional Investors have increased holdings from 18.84% to 19.01% in Dec 2023 quarter. As of December2023 quarter, FII holdings in Shanti Educational stood at 19.0% as against 18.8% in September 2023. Meanwhile, promoters holding stood at 64.5% as on December 2023 quarter.

Shanti Educational Initiatives Share Performance: The 52-week high price of Shanti Educational Initiatives share on BSE is Rs 109.40 apiece (as on 08/06/2023) and 52-week low price is Rs 52.01 apiece (14/03/2024), respectively. Shanti Educational Initiatives shares offered return of 18% in last 1-week, gained 23% in last 1-month, declined 1.92% in last 1-year, and offered return of 354% in last 3-years.

Shanti Educational Initiatives Stock Split History: Shanti Educational Initiatives Ltd split face value of its share once since July 21, 2022. Shanti Educational Initiatives Ltd. last split the face value of its shares from Rs 10 to Re 1 in 2022.The share traded ex-split basis from July 21, 2022.

Shanti Educational Initiatives Financials: The company for the quarter ended December 31, 2024 declared its consolidated total income at Rs 4.04 crore, down 33.53% as compared to last quarter total income of Rs 6.08 crore. It reported its net profit after tax in the latest quarter at .17 crore.

Should You Book Profits In Shanti Educational Initiatives? According to AR Ramachandran from Tips2trades, "Shanti Educational Initiatives stock price is bullish but also overbought with next resistance at 72.6 on the Daily charts. Investors should book profits at current levels as Daily close below support of 68 could lead to target of 52 in the near term."

About: Shanti Educational Initiatives Limited - SEIL; founded in 2009 is a venture of Chiripal Group based in Ahmedabad, India. SEIL is school management solutions provider and one of the fastest growing education company that plans, builds and manages educational institutions right from play school to grade 12. We provide optimum solutions to the various challenges being faced by K-12 schools, according to its official website.

Disclaimer: The stock highlights the rally in shares and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.