India's Ascensive Educare hits upper circuit after signing MoUs

Ascensive Educare

10/07/2024 07:53

** Shares of Ascensive Educare  ASCE.BO  jumps 20% to hit
upper circuit at 97.2 rupees
    ** Skill development firm signs deals with Blue Dart Express
 BLDT.NS  and Delhivery  DELH.NS  for recruitment and payroll
management, with expected turnover of ~220 million rupees ($2.64
million) 
    ** Stock has risen 44% in last two sessions
    ** Stock sees second-busiest day in nearly two weeks, with
over 54,000 shares traded
    ** Stock up 106.7% YTD, after gaining 91% in 2023

($1 = 83.4860 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))