Veranda Learning Solutions is collaborating with IIM Raipur & the Society for Human Resource Management (SHRM) to launch an Executive Post Graduate Programme (online MBA) in HR management.
Veranda Learning Solutions is a publicly listed edtech company. It offers a variety of training programmes for competitive exam preparation, including the State Public Service Commission, Banking, Insurance, Railways, IAS, and CA. In addition, it offers a slew of professional skilling and upskilling programmes in Management & trending technologies.
The company’s share price increased by 4.69% on Friday, after the announcement of the collaboration. Its shares closed at ₹ 285.80 apiece on the National Stock Exchange (NSE). This implies that its shares have given multibagger returns since its listing.
Veranda Learning Solutions made a debut on the bourses in April this year. The company’s shares were issued at ₹ 137 apiece. They got listed at a premium on the Bombay Stock Exchange (BSE), at ₹ 157 apiece. However, they got listed at ₹ 125 apiece, or at a discount on the NSE.
Its share price rose from ₹ 125 apiece to the current level, indicating multibagger returns of 128.64%. Therefore, if an investor would have invested ₹ 1 lakh in the company’s shares at the time of its listing, the value of their holdings would have been ₹ 2.29 lakhs today.
Written by Simran Bafna
