This Multibagger Education Stock Gains 119.80% In 1 Month, Education Sector Swelling

The share price of Global Education Ltd. surges significantly this year and hit a fresh 52-week high. It has outperformed other category stocks. The education sector has been showing a sharp rise in the past one year, post-Pandemic, which is reflected in the stock growth of Global Education Ltd. The current market price of Global Education Ltd. closed at Rs. 389.15/share on NSE, up by 5%, on September 22. In the last 5 days, its share price up by 20.69% on NSE, in the last 1 month, its share price has surged by 119.80%, and in the past 6 months it has gained 450.42%. In the last 5 years its share gained sharply by 539%. It is a small-cap stock with a market capitalization of Rs. 396 crore.The 52-week high level of this stock is Rs. 389.15, and the 52-week low level of this stock is Rs. 39.05.Market capitalizationCurrent market price6 Months performance1 Month performanceRs. 396 croreRs. 389.15450.42%450.42%Advertisement According to data available with NSE, in Q1 FY23, the companys total income stood at Rs. 1,267.13 lakh, as against Rs. 1,277.82 lakh in the previous quarter. The companys profit before tax or PBT was reported at Rs. 465.53 lakh in Q1 FY23, as against Rs. 412.81 lakh in Q4 FY22. The companys net profit was reported at Rs. 348.29 lakh in Q1 FY23, as against Rs. 387.64 lakh in Q4 FY22. Global Education Ltd. started up in 2011. This educational service provider and expert consultancy firm is headquartered in Mumbai. Global Education offers Business Management Consulting Services and advices to over 36 major organizations and institutes. Over 83% of the work for Global Education has originated from existing clients and their referrals. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article.