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Aptech gains further ground
According to sources, Rakesh Jhunjhunwala has concluded auction for Aptech stake. It is likely that he has short-listed highest bidder and will disclose it in the board meeting next week.
According to sources, Rakesh Jhunjhunwala has concluded auction for Aptech stake. It is likely that he has short-listed highest bidder and will disclose it in the board meeting next week.
Manipal Universal Group and TeamLease were amongst the companies that submitted bids. Aptech stake sale will trigger open offer post board nod.
Aptech touched an intraday high of Rs 102.70 and an intraday low of Rs 94.75. At 14:21 hrs the share was quoting at Rs 97.40, up Rs 6.50, or 7.15%.
It was trading with volumes of 1,568,555 shares, compared to its 5-day average of 295,350 shares, an increase of 431.08%.
In the previous trading session, the share closed up 20% or Rs 15.15 at Rs 90.90.
