Stock market analyst Ashwani Gujral has maintained 'Buy' rating on Aptech to achieve a target of Rs 205 in the coming days.

According to Mr. Gujral, interested traders can buy the stock with a strict stop loss of Rs 165.

Shares of the company, on Friday (July 3), closed at Rs 176.25, up Rs 1.80, on the Bombay Stock Exchange (BSE). The total volume of the shares traded stood at 930,459. The scrip hit an intraday high of Rs 178.50 and an intraday low of Rs 169.80.

Current EPS & P/E ratio stood at 1.21 and 145.66 respectively. The share price has seen a 52-week high of Rs 251.95 and a low of Rs 51 on BSE.

Mr. Gujral said that investors must buy the stock to reap good returns.

Ninad Karpe, chief executive officer (CEO) & managing director (MD) of Aptech, stated that Indian education and training segment has not got the attention it deserves.

Karpe anticipates that the upcoming budget will address the 3Ps for education division including participation, performance and proportion.

Aptech, in June 2009, declared that it has successfully finished sale of its 50% equity interest in the China JV company.

As part of the agreement Aptech will obtain 22% stake in the JV holding company Beijing Jadebird IT Education Company (BJBC).

In terms of the definitive deals, Aptech India including its divisions would also be entitled to accept, before the planned IPO of BJBC, as much of its distributable income as possible.

For the quarter ended March 2009, IT training solutions provider Aptech reported that its standalone net profit rose 2.54 times to Rs 14.20 million from Rs 5.60 million in the same quarter previous year.

Net sales of the company fell 11.47% to Rs 227 million, whereas total income for the quarter dropped 11.87% to Rs 227.30 million.

It recorded earnings of Rs 0.30 a share during the quarter, posting 2.31 times growth over prior year period. (dpa)