There is a buzz around that Rakesh JhunJhunwala is planning to offload his stake in Aptech which he has been holding for more than six years. The price at which the deal is expected may be at some premium compared to its current market price. If the price and news is confirmed the stock may move up in near term... but the long term call is more interesting question. On the charts it is not looking good and has not gone anywhere in last few years, but has a very strong support around 80-85 levels. Its current market price is 94.2 .
September has been full of surprises for Indian investors thus far. The S&P BSE Sensex hit a fresh 18-month high of 29,077 on September 8, but soon lost steam.
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