CuriousChartist

An Apt Breakout in APTECHT

Long
NSE:APTECHT   APTECH LTD
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.
Comment:
Trade active:
I believe the retest is almost over. Expecting a bullish reversal from tomorrow
(14 June 2023)

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For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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