Is it good to buy MT Educare share?

Is it good to buy MT Educare share?

As on 23rd Mar 2022 MTEDUCARE Share Price closed @ 8.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 8.71 & Strong Sell for SHORT-TERM with Stoploss of 10.36 we also expect STOCK to react on Following IMPORTANT LEVELS.

Why is Mount Educare falling?

Mumbai: An anonymous whistleblower has alleged round tripping and accounting fraud at the BSE listed MT Educare in a letter to several regulatory bodies. The letter has also alleged that the company’s auditors, MSKA and Associates, a member firm of BDO India, were aware of the corporate governance issue at MT Educare.

Is Mahesh Tutorials sold?

Zee Learn Ltd has acquired a controlling 44.5% stake in MT Educare, a Mumbai-based firm that runs the popular Mahesh Tutorials coaching classes, for about Rs 200 crore as the Subhash Chandra-controlled Zee Group looks to expand its footprint and make inroads into the government-supported skilling and vocational segment …

Has Mahesh Shetty left Mahesh tutorial?

A math and statistics graduate, Shetty gave up teaching at his own classes three years ago to focus on the business. Today, it is clear Mahesh Tutorials has made that transition from small-time coaching class to education conglomerate.

Why Mahesh Shetty left Mahesh Tutorials?

What if something was to happen to him? Shetty feared his business would become rudderless as would the people who had been working with him for the last 17 years. He decided it was time for Mahesh Tutorials, his coaching class business, to become a corporate entity that would survive independent of his presence.

Who is founder of Mahesh Tutorials?

Mahesh Shetty
The man behind it, Mahesh Shetty, founder-promoter, MT Educare Ltd, has been in the forefront to transform the traditional chalk-and-talk classrooms to usher in the modern-day digitised teaching-learning era.

Who is owner of Mahesh Tutorials?

Zee LearnMT Educare / Parent organization

Who is the founder of Mahesh tutorial?

Mahesh R. Shetty
Shetty, CMD, MT Educare Ltd. has more than 27 years of experience in the coaching industry. He started the business of providing coaching services to students in School Section in 1988 under the brand of Mahesh Tutorials.

Is Mahesh Tutorials good for JEE?

Mahesh Tutorials Science is best known for its JEE Advanced Coaching and Ranks #114 in JEE Advanced Coachings in Mumbai.

Who is the owner of Mahesh Tutorials?

What is the market cap of MT Educare stock?

Within the Learning & Education sector, MT Educare stock has a market cap rank of 5. MT Educare has a market cap of Rs 75.12 Cr.

What is MTMT Educare IPO?

MT Educare IPO is a main-board IPO of 4,375,000 equity shares of the face value of ₹10 aggregating up to ₹99.00 Crores. The issue is priced at ₹74 to ₹80 per equity share.

Is MT Educare’s PE ratio of-2 undervalued?

PE ratio: – Price to Earnings’ ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). MT Educare has a PE ratio of -2.32 which is low and comparatively undervalued.

What is the total pledge of MT Educare limited?

Total pledge stands at 50.74% of promoter holdings Net Profit (Rs.) Net Sales (Rs.) MT Educare Limited provides education services in India.