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Mid-term focus, overhang of listed peers weighing on stock: CL Educate’s Narayanan

By Debjyoti Roy

  • 22 Jun 2018
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Mid-term focus, overhang of listed peers weighing on stock: CL Educate’s Narayanan
Satya Narayanan R, Chairman & Executive Director, CL Educate

CL Educate Ltd, best known for its test prep brand Career Launcher, has had a rough ride on the stock markets ever since its listing in March last year. Shares of the company backed by mid-market private equity firm Gaja Capital have slumped two-thirds from their initial public offering price. ......

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