Career Point Edutech Receives MAHAJYOTI Order Worth ₹17.6 Crore; Shares Jump Over 5%
By Shishta Dutta | Published at: Nov 4, 2025 01:23 PM IST
Mumbai, November 4, 2025: The share price of Career Point Edutech Limited (NSE: CPEDU | BSE: 544499) went up by more than 5% during the early trading session, after the company announced that it received a work order of ₹17.61 crores from Mahatma Jyotiba Phule Research and Training Institute (MAHAJYOTI), Nagpur.
Career Point Edutech Limited has its main office in Kota, Rajasthan. It is a leading education solutions provider for the preparation of various competitive exams, including JEE and NEET at the national level, and CETs at the state level. This education service is provided via both online and offline modes through its hybrid model. The company started listing on both NSE and BSE in September 2025. Career Point Edutech continues to be at the forefront of digital learning and has been working on various initiatives and collaborations across India to make learning accessible to more students.
Work Order Details
The newly sanctioned work order from MAHAJYOTI, Nagpur, is worth ₹ 17.61 crores and involves majorly online and offline modes of coaching for JEE, NEET, and CET examinations. The main aim of the project is to support approximately 3,500 students of OBC, VJNT, and SBC categories, as a part of MAHAJYOTI’s initiatives. The said project is initially for a period of two years, which could be further extended for two years, considering performance and mutual agreement.
Career Point Edutech will provide comprehensive learning support to the students, comprising live interactive lectures, offline mentoring sessions, digital study materials, online tests, tracking of performance, and tablets with data connectivity wherever required. According to the terms of the agreement, payments shall be released in tranches, which are connected to course completion milestones.
Market Reaction and Outlook
After the announcement of the news, investor mood turned upbeat, and the stock saw a surge in buying interest along with volume. As of 12:01 pm IST, the shares were trading at ₹315.70, up 1.79%. The share price of the company has been gradually inching upwards in the last few months and has touched almost its 52-week high price of ₹338.75. Experts conclude that this deal would be a great push for the company in the education technology sector. Thus, they are expecting more revenue and longer visibility of the business in the upcoming quarters.
REF: https://nsearchives.nseindia.com/corporate/EDUTECH_03112025230507_CPEDU_disclosure_Reg_30_SEBI_LODR.pdf
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