Title: » Educomp zooms on Rs 410 cr deal « (click to visit this website)
URL: http://www.firstpost.com/investing/charteducomp-zooms-on-rs-410-cr-deal-but-exposure-to-fccbs-a-concern-141813.html [Broken Link? Please Let Us Know]
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Description: Educomp Solutions today shot up 15 percent to Rs 215 after the company said it has been able to securitise its receivables. The announcement said that Educomp Solutions has received a sanction towards the buy out of its receivable from one of the leading public sector banks. The gross amount sanctioned is Rs 410 crore at a limited recourse of 20 percent.
Listing Added: 2013-07-09 07:47:22
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