Core Education & Technologies,
India's global education company, dropped after Standard &
Poor's (S&P) Ratings Servicesplaced its 'B-plus' long-term
corporate credit rating of the company on credit watch with
negative implications.
A sharp fall in the share price of India-based CORE could strain
the company's funding and liquidity positions, inS&P's opinion.
In addition,it expects the education technology solutions and
services provider to continue to generate significant negative free
operating cash flows over the next few years. 
Shares ofthe companyare trading at Rs
69.10, down Rs 1.8, or 2.54% at the Bombay Stock Exchange (BSE) on
Tuesday at 12:14 p.m.The scrip has touched an intra-day high of Rs
73.75 and low of Rs 67.65. The total volume of shares traded at the
BSE is 1,309,609.In the earlier session, the shares gained 8.83%,
or Rs 5.75, at Rs 70.90. Currently, the stock is trading down
79.97% from its 52-week high of Rs 345.00 and above 39.88% over the
52-week low of Rs 49.40.
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