Aptech board may approve stake sale proposal on Jan 20

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Aptech board may approve stake sale proposal on Jan 20

Aptech board may ratify stake sale proposal on January 20. There are 2 bidders neck to neck as highest bidders for stake, reports CNBC-TV18, quoting sources.

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Aptech board may ratify stake sale proposal on January 20. There are 2 bidders neck to neck as highest bidders for stake. Manipal Universal is likely frontrunner for company's stake. PE Consortium backed by Carlyle is also eyeing stake The deal will be signed only post board approval, reports CNBC-TV18, quoting sources.

Aptech touched an intraday high of Rs 101.80 and an intraday low of Rs 92.45. At 14:16 hrs the share was quoting at Rs 99.00, up Rs 3.95, or 4.16%.
It was trading with volumes of 838,361 shares. In the previous trading session, the share closed up 1.28% or Rs 1.20 at Rs 95.05.