Aptech surged over 8 percent after the company announced a buyback of amount upto Rs 66.6 crore at a maximum price of Rs 82. The management also said the company has Rs 120 crore of cash on books and zero debt. Aptech reported strong earnings with 40 percent revenue growth coupled with margin improvement to 21 percent and PAT of Rs 15.5 crore boosted by an exceptional gain of Rs 8 crore.
At 10:32 hrs, Aptech was quoting at Rs 63.40, up Rs 5, or 8.56 percent. It has touched an intraday high of Rs 65.80 and an intraday low of Rs 62.20. It was trading with volumes of 1,096,217 shares, compared to its five day average of 929,095 shares, an increase of 17.99 percent.
It was trading with volumes of 1,096,217 shares, compared to its thirty day average of 227,317 shares, an increase of 382.24 percent.
The share touched its 52-week high Rs 81.90 and 52-week low Rs 40.15 on 05 July, 2012 and 22 March, 2013, respectively. Currently, it is trading 22.59 percent below its 52-week high and 57.91 percent above its 52-week low.
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