Everonn Systems signs an MOU with HAPP Tiruchirapalli, Tamil Nadu

Everonn Systems India Ltd has announced that the Company has signed an MOU with HAPP (Heavy Alloy Penetrator Project) Tiruchirapalli, Tamil Nadu. The essence of this MOU is to manage the entire operations of their School with 350 students from Class I to Class X. It is the first step in Everonn's initiative to take up the management of schools to bring in best of digital content, best of teachers and best practices to the school education in India. Everonn's guidance for the year would be Rs 80 Crores on the topline with profit after tax (PAT) at Rs 10.8 Crores.

The stock was trading at Rs.475.20, down by Rs.12.75 or 2.61%. The stock hit an intraday high of Rs.482.70 and low of Rs.466.65.

The total traded quantity was 17455 compared to 2 week average of 70588.

Source : Equity Bulls

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