Stock hits 5% upper circuit after signing agreement to introduce USA-based courses in India 

Stock hits 5% upper circuit after signing agreement to introduce USA-based courses in India 


During Tuesday’s trading session, the shares of a company in the business of Education and Publication hit a 5 percent upper circuit to a record high at Rs. 160.05 on BSE, after the company signed an agreement with Ryan Innovative Education Pvt. Ltd. to introduce USA-based courses in India. 

With a market cap of Rs. 1,661.7 crores, the shares of Vantage Knowledge Academy Limited opened in the green at Rs. 160.05, as compared to its previous closing price of Rs. 78.05. 

What’s the news: 

According to the latest filings with the BSE, Vantage Knowledge Academy Limited has entered into an agreement with Ryan Innovative Education Private Limited. 

Through this partnership, Vantage will facilitate the introduction and availability of USA-based globally recognized professional courses in India. These courses will include training for programs such as the Certified Public Accountant (CPA), Certified Management Accountant – USA (CMA), Enrolled Agent (EA), and Certified Internal Auditor (CIA). 

This collaboration will make these programs accessible across India, providing students with the opportunity to pursue world-class professional education with global opportunities. All of the mentioned programs are trademarked, designed, recognized, and accredited by their respective internationally esteemed bodies. 

As the official training provider for these globally recognized programs, Vantage, in partnership with Ryan, will offer structured courses that equip students with advanced skills and credentials that align with international standards. 

With this agreement, Vantage aims to further expand the reach of US-based professional qualifications in India, while continuing to uphold the high standards of excellence that define the institution. 

Previous News: 

On 23rd October, Vantage Knowledge Academy Limited signed an agreement with Veena College of Commerce & Science, an affiliated institution of Mumbai University. 

The agreement was aimed at collaboratively offering a range of innovative educational programs through the company’s upcoming eLearning platform, Vantage Pro, designed to meet the evolving needs of the industry

and enhance the learning experiences of students. 

Under this agreement, the company took on responsibilities such as creating and delivering instructional content, recruiting and training qualified instructors, and undertaking joint marketing efforts for the courses. 

Also read…

Financials: 

The company reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 71.4 percent, rising from Rs. 0.7 crores in Q2 FY24 to Rs. 1.2 crores in Q2 FY25. 

Likewise, during the same period, the company’s net profit increased from Rs. 0.23 crores to Rs. 0.86 crores, representing an impressive growth of around 207 percent YoY. 

Stock Performance: 

The stock has delivered multibagger returns of nearly 1,293 percent in one year, as well as around 370.3 percent returns in the last six months. So far in 2024, the shares of Vantage Knowledge Academy have given multibagger returns of about 1,302.7 percent. 

About the company: 

Incorporated in 2013, Vantage Knowledge Academy Limited is engaged in the business of Education and Publication. It is a premier institute for imparting quality education of international standards to individuals exploring a career in Finance and Banking. 

Written by Shivani Singh 

Disclaimer

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