The shares of this Jhunjunwala stock engaged in the business of computer education and training is in focus after bagging an order worth Rs 3.13 crores to conduct the computer-based examination.
Price Action
With a market capitalization of Rs 1,008.09 crores, the shares of Aptech Limited went up by nearly 0.2 percent to a day’s high of Rs 179.02 today, compared to the previous closing price of Rs. 178.73. The stock had reiterated from its day’s high and was trading at Rs. 173.11 which is 3.1 percent lower than the previous closing price.
What Happened
Aptech Limited stock was in focus after the company received a Work Order worth Rs 3.13 crores from the State Government Body to conduct a Computer-Based Examination. The exam starts from February 2025 and is required to be conducted as per RFP and MSA.
About the Company
Aptech Ltd. is in the business of the non-formal vocational training industry, operating more than 800 centers worldwide. They provide services across industries such as media & entertainment, retail & aviation, beauty & wellness, banking & finance, preschool section, and IT training.
They provide career and professional training services under brand names such as Arena Animation, Lakmé Academy, Maya Academy of Advanced Creativity (MAAC), Aptech International Preschool, and Aptech Aviation Academy.
Ace Investor Holdings
Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjhunwala, holds a 20.94 percent promoter stake in the company or 1.21 crore shares and under the name of Rare Equity Private Limited, they hold 20.38 percent or 1.18 crore as of Q3 FY25.
Financials
The company’s revenue stands at Rs 131.26 crore, up by 14.85 percent from Rs 114.29 crore in Q2FY24-25. This was accompanied by a decrease in profits from Rs 11.43 crore in Q2FY24 to Rs 5.5 crore for Q2FY25.
Written by Shwetha Sairam
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