 "Aptech zooms over 60% after Rakesh Jhunjhunwala hikes stake")
Aptech has surged 18% to Rs 136, extending its past eight day's rally on back of heavy volumes, after the promoter, Rakesh Jhunjhunwala, increased his holding via open market.
The stock of the IT training services firm is currently trading at its fresh 52-week high on the National Stock Exchange (NSE) and BSE (Bombay Stock Exchange). Since the close of August 8, it zoomed 62% from Rs 83, as compared to 0.73% fall in the Nifty.
The trading volumes on the counter jumped more than two-fold. Till 10:22 am, a combined 7.97 million equity shares representing 20% of total equity of Aptech changed hands on the NSE and BSE.
On Tuesday, August 9, Rakesh Radheshyam Jhunjhunwala had bought an additional 700,000 shares representing 1.75% stake in Aptech at an average price of Rs 91.62 a piece, the NSE bulk deal data shows.
HET Enterprises had sold 226,251 shares at price of Rs 92.60 per share, while the name of the other sellers not ascertained.
The stock of the IT training services firm is currently trading at its fresh 52-week high on the National Stock Exchange (NSE) and BSE (Bombay Stock Exchange). Since the close of August 8, it zoomed 62% from Rs 83, as compared to 0.73% fall in the Nifty.
The trading volumes on the counter jumped more than two-fold. Till 10:22 am, a combined 7.97 million equity shares representing 20% of total equity of Aptech changed hands on the NSE and BSE.
On Tuesday, August 9, Rakesh Radheshyam Jhunjhunwala had bought an additional 700,000 shares representing 1.75% stake in Aptech at an average price of Rs 91.62 a piece, the NSE bulk deal data shows.
HET Enterprises had sold 226,251 shares at price of Rs 92.60 per share, while the name of the other sellers not ascertained.
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