On Tuesday, the shares of Aptech included in Rakesh Jhunjhunwala’s portfolio reached Rs 407 on Tuesday. This is the top level of 13 years in this stock. The stock may have fallen slightly on Wednesday, but till Tuesday it had registered a rise in three consecutive trading sessions. Before the results of the September quarter (2020-21), this stock has registered a gain of 16 percent.
These shares grew 102% in six months
IT Training Services Company was looking at its top level after January 2008. In November 2017, it had reached the level of Rs 403.95. The stock has gained 102 per cent in the last six months, while the BSE Sensex has gained 22.8 per cent during this period. Rakesh Jhunjhunwala holds 12.50 per cent stake in APtech, while his wife Rekha Jhunjhunwala holds 11.22 per cent in it. That is, the two together have a 23.72 percent stake in it. While the stake of his company RARE Equity is 20.71 percent. In September, Aptech entered the Edtech segment through the latest brand ProAlley.com.
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Company’s business will get a boost from ProAlley.com
It has been said from the company that ProAlley.com will initially focus on Media and Entertainment. The AVGC segment also has the potential to generate large scale employment. But it will not be limited to this segment only. With the launch of ProAlley.com, Aptech Ltd will also work on offline, remote, live and self-paced models. The company says that there has been an increase in admissions in Aptech’s training centers. This increase is clearly visible in the second quarter of the current financial year. It is clear from this trend that the company’s revenue will continue to increase during the next few months.
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