Navneet Education hits 3-yr high on strong Q1; stock soars 28% in 2 days

The advent of new educational policy would bring changes in the curriculum of the school syllabus and will directly impact the company's business positively, acting as a strong growth driver.

Shares of Navneet Education hit over three-year high of Rs 134.65 and rallied 14 per cent on the BSE in Thursday’s intra-day trade on the back of heavy volumes. In the past two trading days, the stock of the company, engaged in printing & publishing business, has soared 28 per cent after the company reported robust earnings for the quarter ended June 2022 (Q1FY23). It traded at its highest level since September 2018. Earlier, the stock had hit a record high of Rs 194 on June 13, 2017.

At 01:41 pm, Navneet Education traded 13 per cent higher at