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Aptech hits 9-year high, zooms 34% in 3 days on heavy volumes

The stock rallied 11% to Rs 306 on BSE in intra-day trade, its highest level since January 21, 2008

SI Reporter  |  Mumbai 

Aptech hits 9-year high; zooms 34% in three days on heavy volumes

hit a nine-year high of Rs 306, up 11% on BSE in intra-day trade, extending its 2-day rally on back of heavy volumes. The stock is trading at its highest level since January 21, 2008.

The services Company promoted by & his family, has outperformed the market by 34% in the past three trading days from Rs 229 on August 21, 2017. On comparison, the S&P BSE Sensex was up1% during the period.

The counter has seen huge trading activity with a combined 7.2 million equity shares representing 18% of total equity of changed hands on NSE and BSE till 12:23 pm.

The promoters and high networth individual investor had increased stake in in past one year. The total promoters holding in rose to four per centage points to 49.3% in June 2017 quarter from 45.3% at the end of June 2016 quarter.

In August & September, 2016, & his family had purchased 1.46 million or 3.67% stake in the company through open market.

In February this year, Ashish Ramchandra Kacholia had bought 903,179 equity shares 2.26% stake via open market. CLICK HERE TO BULK DEALS DATA.

09/02/2017 ASHISH RAMCHANDRA KACHOLIA 683307 225.58
09/02/2017 ASHISH RAMCHANDRA KACHOLIA 219872 223.64
07/09/2016 REKHA RAKESH JHUNJHUNWALA 513056 155.51
06/09/2016 RAJESHKUMAR JHUNJHUNWALA 250001 142.71
Shares bought by promoters, individual in past one year
Price in Rs                                                                                                    Source : Stock exchanges

First Published: Thu, August 24 2017. 12:52 IST