Aptech at 52 week high

Aptech has touched its 52 week high on Wednesday owing to reports of Rakesh Jhunjhunwala increasing his stakes in the company. Aptech has touched an intraday high of Rs 97.25.

The IT training firm Aptech has been in the news as the ace equity investor and trader has picked up 7 lakh shares in the company amounting to 1.38 per cent of the company's equity. This increase in stakes is in addition to already owned stakes of 45.28 per cent.

Aptech in an interesting company as Rakesh Jhunjhunwala is the chairman of the company and prefers to manage the company actively, unlike his other investments where he is a passive investor.

The stock is up by almost 36 per cent over a 1 year period. Over a 6 month period the stock has been up by almost 54 per cent. 

Aptech has shut shop on Wednesday at Rs 92.30 per share, down by almost Rs 0.90 per share or 0.97 per cent, even as the Sensex closed down by almost 316 points at 27774 levels.