LOW RISK / HIGH RETURN
HOLDING PERIOD – ONE MONTH PLUS
Present Price – Rs.208.95
Aptech Limited (Aptech) is a Global Learning Solutions Company that provides IT and specialized Education and Training services to the retail and the
institutional customers. Aptech has presence across 5 continents and the business is conducted through a franchisee model that provides retail,
multimedia and institutional training across the globe. Aptech offers a range of courses spanning from basic computer education to high-end technology
training. Aptech also offers services in the learning business, which includes certification and testing, e-learning and content development.
The business primarily operates in two segments – Retail and Institutional. Retail business constitutes 67% of the total revenue whereas rest of the
income comes from institutional segment (17% from corporate training and 16% from Government projects). The retail segment comprises of global IT
th Aug 2009
Winners know they are responsible for their results; losers think they are not. – Dr.Van K Tharp
and multimedia training, China operations and Avalon Academy. The institutional segment consists of learning services, training and testing solutions
and Aptech Synergetics.
On the technical front, the stock is in a strong uptrend and has given a strong breakout. Buying is advised above Rs.215 for an immediate target of
Rs.228 and Rs.242. Higher target of Rs.253-262 is also possible. Long term investors can expect higher targets. Stop Loss of Rs.184 should be kept.