MT Educare Standalone March 2023 Net Sales at Rs 3.65 crore, down 7.75% Y-o-Y

MT Educare Limited faces a widened net loss in both Q4 and FY23, with a decrease in total income. The company offers education support and coaching services.

MT Educare Reports Widened Net Loss in Q4 and FY23, Total Income Declines

MT Educare Consolidated December 2022 Net Sales at Rs 13.60 crore, up 51.07% Y-o-Y

The Mumbai bench of the National Company Law Tribunal (NCLT) allowed the companys operational creditor Connect Residuary to initiate the insolvency proceedings. The operational creditor had approached the bankruptcy court in November last year after the company defaulted on its dues of about Rs 5.37…

NCLT admits listed coaching firm MT Educare under Corporate Insolvency Resolution Process

MT Educare reports consolidated net loss of Rs 5.72 crore in the September 2022 quarter

MT Educare reports consolidated net loss of Rs 2.07 crore in the June 2022 quarter

Vaswani Industries Ltd, Allied Digital Services Ltd, Shreeji Translogistics Ltd and MT Educare Ltd are among the other gainers in the BSE’s ‘B’ group today, 15 June 2022.

MRO-TEK Realty Ltd leads gainers in ‘B’ group

MT Educare Ltd, Compucom Software Ltd, Xelpmoc Design and Tech Ltd and Capital Trust Ltd are among the other gainers in the BSE’s ‘B’ group today, 14 June 2022.

Keynote Financial Services Ltd leads gainers in ‘B’ group

The ruling is expected to set a precedent for similar future cases where disgruntled key managerial personnel approach the National Company Law Tribunal, seeking insolvency proceedings against their former employers.

NCLT dismisses plea filed against BSE-listed MT Educare by its former CFO

MT Educare Standalone March 2022 Net Sales at Rs 3.95 crore, down 37.31% Y-o-Y

In another transaction, Axis Bank sold 603,402 shares of MT Educare at Rs. 7.6 apiece through a bulk deal on the NSE.

NSE-BSE bulk deals: Hamlin Watsa sell shares in IIFL Finance

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

MT Educare Limited is an education support and coaching services provider for students in the secondary and higher secondary school and for students pursuing graduation degree in commerce and preparing for various competitive examinations.

MT Educare Ltd