2025-04-06 13:29:50
Latest Post
Sai Life Sciences sets up Peptide Research Center in India
Netweb Technologies Ltd receives PLI Incentive Under IT Hardware Scheme 2.0
BHEL signs contract for ± 800 kV, 6000 MW Bhadla-Fatehpur LCC HVDC Terminal Station along with AC Transmission at Bhadla and Fatehpur
DEE Development Engineers Limited receives order worth approx. Rs. 55 crores- SURATWWALA BUSINESS GROUP Ltd purchases new commercial office space
Stock Report
National Curriculum Framework for School Education 2023 released
Posted On : 2023-08-24 17:45:49( TIMEZONE : IST )
The National Curriculum Framework for School Education (NCF‐SE) has been released by the Hon'ble Union Minister of Education, Skill Development and Entrepreneurship, Shri Dharmendra Pradhan.
This is the first ever integrated Curriculum Framework for children between ages 3‐18 in India. It is a direct outcome of the 5+3+3+4 curricular and pedagogical structure that National Education Policy (NEP) 2020 has come out with for School Education. This is in follow‐up to the NCF of the Foundational Stage (NCF‐FS) which was released in October 2022.
S Chand And Company Limited have released this press release to update investors and all stakeholders on our take of the policy and to give an understanding of how it is going to impact us going ahead.
Impact of NCF going ahead
1. New Content Creation within CY2023. With the timely announcement of the NCF for School Education, we look forward to the creation of new content adhering to the new NCF over the next 4‐6 months.
2. FY24 promotion season to see mixture of new and old syllabus content. The upcoming promotion season of October, 2023 - March, 2024 would see sales from both old syllabus and new syllabus books depending upon the adoption of new curriculum books by schools in phases.
3. Strong runway of growth for at least 2‐3 years. Since the New Curriculum is being developed after a gap of 15 years, it would substantially reduce the second‐hand book market, and which would further spur volumes.
4. Lessons from 2005 NEP/NCF roll out. During the 2005 NCF announcement, the new syllabus was rolled out over a period of 3 years. We expect 100% adoption of new NCF by schools to happen over a similar time period.
The NCF is a transformative initiative to usher India to prepare itself to meet the challenging demands of a 21st century knowledge society. The NCF‐SE enables and energizes this transformation, informed by its aims, principles, and approach. Its objective is to realize the highest quality education for all our children, consistent with realizing an equitable, inclusive, and plural society as envisaged by our Constitution. We at S Chand look forward to be a part of this transformative journey of providing quality educational content to our next generation of learners.
Shares of S Chand And Company Limited was last trading in BSE at Rs. 234.30 as compared to the previous close of Rs. 201.05. The total number of shares traded during the day was 176354 in over 5731 trades.
The stock hit an intraday high of Rs. 240.80 and intraday low of 204.30. The net turnover during the day was Rs. 41126483.00.
