Aptech Hits 52-Week High After Rakesh Jhunjhunwala Increases Stake

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Shares of Aptech, an education and training company, surged nearly 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after ace equity investor Rakesh Jhunjhunwala acquired an additional 700,000 shares, or 1.75 per cent stake in the company through open market transaction.

Aptech Hits 52-Week High After Rakesh Jhunjhunwala Increases Stake
Aptech: Quotes, News
BSE 196.20BSE Quote5.3 (2.70%)
NSE 196.80NSE Quote5.9 (3.00%)

Boosted by the development, shares of company gained as much as 4.79 per cent and touched 52-week high in intra-day to trade at Rs 97.30 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company advanced 1.39 per cent to Rs 94.50 apiece on National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 27,867.73, down 217.43 points, or 0.77 per cent, at 11:55 hours.

Read more about: aptech
Story first published: Wednesday, August 10, 2016, 12:50 [IST]
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