Aptech a great investment idea, says Jain

Excerpts from Your Stocks on CNBC-TV18 Watch the full show » RELATED NEWS Aptech soars high ALSO READ See previous views by Rajesh Jain See what other Experts & Brokerages are saying about Aptech See messages about Aptech Aptech BSE | NSE 10/02/12 Are Mutual Funds betting on Aptech?

Rajesh Jain of Pranav Securities is of the view that one should buy Aptech at current level.

Jain told CNBC-TV18, "It is doing very well. We are aware that Aptech's core bread and butter business is continuing to bring in good returns and at the same time they have had this recent tie-up in Vietnam for 20 centres for education overseas. Now that should certainly bring more of the good news into the bottomline and we are also aware of the fact that it is looking at aviation related training in a big way and the Avalon Academy has come up for that very reason."

He further added, "If you combine all these fundamental strengths with the fact that this is one of the favourites with the smart money pack in the market, I would find it very difficult to sight any reason to get out of an Aptech or not to buy an Aptech even at this level. We are all aware of the phenomenal success both Aptech and NIIT have achieved in computer education particularly in China. If one combine all of these facts together, it just looks like a great investment idea."