BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
HDFC Securities maintains buy on Zee Learn
The pre-school industry is still in its nascent stage in India with approximately 3% penetration. Considering the average enrolment in a pre-school is 75 kids per centre, 113 mn kids would require around 14-15 lakh centres. However, as of today, India has severe shortage of pre-school centres due to low awareness of Early Childhood and Care Education (ECCE). As a market leader, Kidzee has made it a mission to create greater awareness about ECCE through seminars, conducted across the length and breadth of India. To augment, over 400 seminars were conducted and there has been a significant digital drive for the same.