APTECH LTD
Long
Updated

An Apt Breakout in APTECHT

Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter.
Company has delivered good profit growth of 20.7% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 83.5%
Debtor days have improved from 158 to 118 days.
Company's working capital requirements have reduced from 153 days to 80.5 days

Aptech Ltd. is a pioneer in the non-formal education and training business in the country with a significant global presence.
It was established in 1986 and has 800 centers. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. It has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group .
Trade active
Target 1 Achieved >20% in the first week itself.
Note
snapshot
Trade active
I believe the retest is almost over. Expecting a bullish reversal from tomorrow
(14 June 2023)

Disclaimer