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NAVNETEDUL
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Recent events
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News
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Corporate Actions
Navneet Education Dividend Of 1.5 Rupees Per Share
Nov 7 (Reuters) - Navneet Education Ltd NAVN.NS:
NAVNEET EDUCATION LTD - DIVIDEND OF 1.5 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: NAVN.NS
(([email protected];))
Nov 7 (Reuters) - Navneet Education Ltd NAVN.NS:
NAVNEET EDUCATION LTD - DIVIDEND OF 1.5 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: NAVN.NS
(([email protected];))
India's Navneet Education hits over 6-1/2-yr high after profit jumps three-fold
** Shares of Navneet Education NAVN.NS rise as much as 8.9% to 178 rupees, highest level since Nov. 3, 2017
** Stationery products maker reports a more than three-fold rise in profit in the June-quarter
** Consolidated profit before exceptional items and tax rises to 2.06 billion rupees ($24.5 million) year-on-year
** Stock sees heaviest trading session since Aug. 4, 2022, with volumes more than 7.5x the 30-day avg
** Stock last up 5.4%, pushing YTD gains to 14%
($1 = 83.9340 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
** Shares of Navneet Education NAVN.NS rise as much as 8.9% to 178 rupees, highest level since Nov. 3, 2017
** Stationery products maker reports a more than three-fold rise in profit in the June-quarter
** Consolidated profit before exceptional items and tax rises to 2.06 billion rupees ($24.5 million) year-on-year
** Stock sees heaviest trading session since Aug. 4, 2022, with volumes more than 7.5x the 30-day avg
** Stock last up 5.4%, pushing YTD gains to 14%
($1 = 83.9340 Indian rupees)
(Reporting by Anisha Ajith in Bengaluru)
(([email protected];))
Navneet Education Reports Loss In Dec-Quarter
Feb 7 (Reuters) - Navneet Education Ltd NAVN.NS:
DEC-QUARTER CONSOL NET LOSS 225.3 MILLION RUPEES VERSUS PROFIT 306.7 MILLION RUPEES YEAR AGO
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.59 BILLION RUPEES VERSUS 2.64 BILLION RUPEES YEAR AGO
Further company coverage: NAVN.NS
(([email protected];))
Feb 7 (Reuters) - Navneet Education Ltd NAVN.NS:
DEC-QUARTER CONSOL NET LOSS 225.3 MILLION RUPEES VERSUS PROFIT 306.7 MILLION RUPEES YEAR AGO
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.59 BILLION RUPEES VERSUS 2.64 BILLION RUPEES YEAR AGO
Further company coverage: NAVN.NS
(([email protected];))
Navneet Education Reports Sept-Quarter Consol Net Profit
Nov 6 (Reuters) - Navneet Education Ltd NAVN.NS:
SEPT-QUARTER CONSOL NET PROFIT 355.9 MILLION RUPEES VERSUS LOSS 22 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 3.3 BILLION RUPEES
Source text for Eikon: ID:nBSEblnGRZ
Further company coverage: NAVN.NS
(([email protected];))
Nov 6 (Reuters) - Navneet Education Ltd NAVN.NS:
SEPT-QUARTER CONSOL NET PROFIT 355.9 MILLION RUPEES VERSUS LOSS 22 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 3.3 BILLION RUPEES
Source text for Eikon: ID:nBSEblnGRZ
Further company coverage: NAVN.NS
(([email protected];))
India's Navneet Education hits 5-yr high on business restructuring
** Shares of Indian book publisher Navneet Education NAVN.NS up as much as 5.93% at 163.50 rupees, highest level since Jan. 11, 2018
** Stock posts sharpest pct gain since Aug 1
** Stationery maker approves demerging edtech biz of unit Navneet Futuretech
** Demerged business to be amalgamated with NAVN
** Unit Genext Students also to be amalgamated with NAVN, says co
** Navneet Futuretech's joint MD Sanjeev Shah resigns
** Current restructuring to curtail edtech losses, yield cost savings, says brokerage Prabhudas Lilladher
** Brokerage maintains "buy" with PT 192 rupees
** About 1.5 mln shares traded as of 11:47 a.m. IST, 1.7x the 30-day avg
** YTD stock up ~30%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Indian book publisher Navneet Education NAVN.NS up as much as 5.93% at 163.50 rupees, highest level since Jan. 11, 2018
** Stock posts sharpest pct gain since Aug 1
** Stationery maker approves demerging edtech biz of unit Navneet Futuretech
** Demerged business to be amalgamated with NAVN
** Unit Genext Students also to be amalgamated with NAVN, says co
** Navneet Futuretech's joint MD Sanjeev Shah resigns
** Current restructuring to curtail edtech losses, yield cost savings, says brokerage Prabhudas Lilladher
** Brokerage maintains "buy" with PT 192 rupees
** About 1.5 mln shares traded as of 11:47 a.m. IST, 1.7x the 30-day avg
** YTD stock up ~30%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Navneet Education Ltd- Approved Sale Of Immovable Property For 400 Million Rupees
Navneet Education Ltd NAVN.NS:
NAVNEET EDUCATION LTD- APPROVED SALE OF IMMOVABLE PROPERTY FOR 400 MILLION RUPEES
Source text for Eikon: ID:nBSE7nTVL
Further company coverage: NAVN.NS
Navneet Education Ltd NAVN.NS:
NAVNEET EDUCATION LTD- APPROVED SALE OF IMMOVABLE PROPERTY FOR 400 MILLION RUPEES
Source text for Eikon: ID:nBSE7nTVL
Further company coverage: NAVN.NS
India's Navneet Education March-Quarter Consol Net Profit Falls
May 16 (Reuters) - Navneet Education Ltd NAVN.NS:
MARCH-QUARTER CONSOL NET PROFIT 229.6 MILLION RUPEES VERSUS 306.3 MILLION RUPEES
MARCH-QTR CONSOL REV FROM OPS 4.09 BLN RUPEES VS 3.22 BLN RUPEES
DIVIDEND OF 2.6 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: NAVN.NS
(([email protected];))
May 16 (Reuters) - Navneet Education Ltd NAVN.NS:
MARCH-QUARTER CONSOL NET PROFIT 229.6 MILLION RUPEES VERSUS 306.3 MILLION RUPEES
MARCH-QTR CONSOL REV FROM OPS 4.09 BLN RUPEES VS 3.22 BLN RUPEES
DIVIDEND OF 2.6 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: NAVN.NS
(([email protected];))
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Popular questions
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What does Navneet Education do?
Navneet Education Limited, formerly Navneet Publications (India) Ltd, is a prominent publisher of educational, children's, and general books, with over 5,000 titles in various languages.
Who are the competitors of Navneet Education?
Navneet Education major competitors are MPS, NIIT, Veranda Learning Sln, Shanti Educational, NIIT Learning Sys, Aptech, CP Capital. Market Cap of Navneet Education is ₹3,117 Crs. While the median market cap of its peers are ₹1,665 Crs.
Is Navneet Education financially stable compared to its competitors?
Navneet Education seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Navneet Education pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Navneet Education latest dividend payout ratio is 23.38% and 3yr average dividend payout ratio is 32.35%
How has Navneet Education allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Navneet Education balance sheet?
Balance sheet of Navneet Education is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Navneet Education improving?
Yes, profit is increasing. The profit of Navneet Education is ₹811 Crs for TTM, ₹252 Crs for Mar 2024 and ₹205 Crs for Mar 2023.
Is the debt of Navneet Education increasing or decreasing?
The debt of Navneet Education is decreasing. Latest debt of Navneet Education is -₹142.62 Crs as of Sep-24. This is less than Mar-24 when it was ₹196 Crs.
Is Navneet Education stock expensive?
Navneet Education is not expensive. Latest PE of Navneet Education is 4.11, while 3 year average PE is 20.34. Also latest EV/EBITDA of Navneet Education is 9.1 while 3yr average is 13.78.
Has the share price of Navneet Education grown faster than its competition?
Navneet Education has given lower returns compared to its competitors. Navneet Education has grown at ~-7.03% over the last 1yrs while peers have grown at a median rate of 20.26%
Is the promoter bullish about Navneet Education?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Navneet Education is 63.35% and last quarter promoter holding is 63.35%.
Are mutual funds buying/selling Navneet Education?
The mutual fund holding of Navneet Education is stable. The current mutual fund holding in Navneet Education is 11.47% while previous quarter holding is 11.47%.