Aptech Intraday Buy Call

Stock market expert V K Sharma has suggested that Aptech stock can be Aptech Ltd.purchased by day traders in today’s trading session at current price for achieving an intraday target of Rs 170.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 172.

The company’s shares ended positively at Rs 174.30, on Tuesday, on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 448.50 and a low of Rs 139 on BSE.

According to Mr. Sharma, Aptech stock will achieve the target price as the company has good growth outlooks considering its projects under implementation and influential future plans.

Aptech Limited has informed BSE that the company’s board noted the filing of application with Central Government under Section 212(8) of the Companies Act, 1956 for seeking exemption from attachment of subsidiary(ies) accounts for the year ended 31st December 2007.

Besides, the company also informed that Aptech has had a 50:50 JV in China since 1999. It has been the effort of the existing Directors and the Management group to unlock the value of its China joint venture (JV). Lots of major investors have also asked about this from time to time.

Other stocks from the same sector that looks good for short-term trading includes NIIT, Educomp Sol, Software Tech and Jetking Info.

Analyst Views: