Do not buy Aptech, says SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "I won't advice investor to buy Aptech because if you see the results they have more or less been flat. The interim dividend of 20 percent has made the stock to move up on the hopes that company will be giving dividend. Once the ex-dividend goes which is on January 27, you will find the stock getting corrected back to a level of sub Rs 75. So I won't advice to go for this stock at the current rate."

On January 21, 2014 Aptech ended at Rs 82.45, down Rs 1.20, or 1.43 percent.

The share touched its 52-week high Rs 89.40 and 52-week low Rs 40.15 on 16 January, 2014 and 22 March, 2013, respectively.