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

Aptech 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 IT training services Company promoted by Rakesh Jhunjhunwala & 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 Aptech changed hands on NSE and BSE till 12:23 pm.

The promoters and high networth individual investor had increased stake in Aptech in past one year. The total promoters holding in Aptech 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, Rakesh Jhunjhunwala & 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.

DATE	CLIENT NAME	QUANTITY	PRICE
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
09/08/2016	RAKESH RADHEYSHYAM JHUNJHUNWALA	700000	91.62
Shares bought by promoters, individual in past one year
Price in Rs                                                                                                    Source : Stock exchanges