High Volatility in Educomp, Jan Future at 155 discounts
January 20th, 2009
Educomp stock saw huge volatility in today’s trade on the news that company promoters sold 5% stake and showing higher fixed assets.
The company clarified that the promoter sold 5% in last 3years and not shown any higher fixed assets.
The share price which plunged to as low as 1915.20 on BSE and touched high of 2073 finally closed at 1969.
The Jan future contract of the Educomp is quoting at 1814. which is almost Rs.155 discount