Despite a broadly negative equity market, a small-cap stock witnessed a massive surge in Tuesday's trading session. The education sector stock has provided over 600% returns to investors over the past five years.
Small-Cap Stock Under ₹100: Shanti Educational Initiatives Surges
Shares of Shanti Educational Initiatives went up on March 4, after the firm said it has entered into a strategic partnership with overseas universities. According to an exchange filing, the initiative is to enable students to pursue foreign education.
As per the disclosure of the company, the program will follow a hybrid model of education. In this arrangement, the students will have one year of study in India before relocating to the partner universities abroad.
It's the firm's intention to offer high-standard international courses at low prices, which will enable the students to get global levels of education at significantly lower costs.
“At SEIL, we believe in offering quality education at affordable prices with ethical practices. Our pathway programme will benefit students and their families by exposing them to global best practices,”
Vishal Chiripal, Managing Director of Shanti Educational Initiatives, stated in a release.
Shanti Educational Initiatives Share Price Performance
At the close of Tuesday's trading session, Shanti Educational Initiatives shares were up 1.40% at ₹80.95, compared to the previous session's close of ₹79.83. Notably, the company had made its latest collaboration announcement after market hours on March 4.
Over the previous five years, the stock has delivered handsome 600% returns, with a 34.78% rise in the previous year alone. However, on a year-to-date (YTD) basis in 2025, the stock has declined 38.97%.
According to data on the BSE website, the scrip hit its 52-week high of ₹207.75 on September 30, 2024, and its 52-week low of ₹52.01 on March 14, 2024.
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Source: livemint.com
