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<keyword id="378164" type="UNKNOWN" weightage="100" keywordseo="Everonn-Education-Ltd-">Everonn Education Ltd.</keyword> saw 11.2 lakh shares traded compared with a 1-week average of 66,000 shares. Stock surged 16.2 percent to 32 rupees. 
	Accelya Kale saw 43,580 shares traded compared with a 1-week average of 2,728 shares. Stock gained 8.9 percent to 1,113 rupees.

	Sun Pharma Advanced Research saw 36.7 lakh shares traded compared with a 1-week average of 3.25 lakh shares. Stock jumped 8.6 percent to 434.30 rupees.

	Geometric Ltd. saw 30.2 lakh shares traded compared with a 1-week average of 3.07 lakh shares. Stock surged 12.3 percent to 145.25 rupees.

	Kansai Nerolac saw 13.4 lakh shares traded compared with a 1-week average of 1.49 lakh shares. Stock fell 1.3 percent to 240.85 rupees. 
	 
	(Image credits: Indiatimes)

Everonn Education surged 16.2 percent at the markets today

<keyword id="198178" type="COMPANY" weightage="80" keywordseo="Everonn-Education">Everonn Education</keyword>, a <keyword id="3008646" type="UNKNOWN" weightage="80" keywordseo="digital-content-player">digital content player</keyword>, hit one year highs after the loss making company said its board had decided to allow promoters to convert their loans into equity via a preferential allotment of shares to the owners. As a consequence, Everonn jumped limit up 20 percent to 32.90 rupees in early deals. The stock cooled off a bit to still quote 14.5 percent higher at 31.45 rupees on the <keyword id="53581" type="CITY" weightage="80" keywordseo="NATIONAL-STOCK-EXCHANGE">National Stock Exchange</keyword>, where 31.45 lakh shares were traded compared with a 5-day average of 66,000 shares.

	Everonn has slipped from investors' radar after the company reported losses and its revenue slid 16 percent CAGR over 5 years. The company has a market capitalisation of 79 crore rupees, down 25 percent over 1 year. The stock trades at 0.7 times its book value of 49 rupees. 
	 
	Image credit: Indiatimes

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Everonn Education surged 16.2 percent at the markets today

Shailendra Bhatnagar

Everonn Education stocks hit one year highs. Here's why

Shailendra Bhatnagar

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