CTIL touches the roof on plan to disinvest its stake in CTIL (Hong Kong)

CTIL is currently trading at its upper circuit limit of Rs. 3.41, up by 0.16 points or 4.92% from its previous closing of Rs. 3.25 on the BSE. The scrip opened at Rs. 3.41 and has touched a high and low of Rs. 3.41 and Rs. 3.41 respectively. So far 41835 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 9.80 on 28-Nov-2013 and a 52 week low of Rs. 2.46 on 21-May-2014. Last one week high and low of the scrip stood at Rs. 3.41 and Rs. 2.75 respectively. The current market cap of the company is Rs. 10.49 crore. The promoters holding in the company stood at 15.36% while Non-Institutions held 84.64% stake in the company. CTIL has received an approval for disinvestment of its stake in foreign subsidiary ‘CTIL (Hong Kong)’. The board of directors at its meeting held on May 29, 2014 has approved for the same. CTIL was established to provide cutting-edge information technology training to businesses and individuals through highly-focused, cost-effective and customized programs. It offers programs in web and client/server computing for both beginning and experienced participants.