Buy Aptech Ltd, target Rs 245: Prabhudas Lilladher

Vaishali Parekh of Prabhudas Lilladher has a buy call on Aptech Ltd. with a target price of Rs 245. The current market price of Aptech Ltd. is Rs 209.6. Time period given by analyst is week when Aptech Ltd. price can reach defined target.

The stock after making a bottom at around 183 levels twice has been in a recovery mode and has maintained above the 200 DMA in the daily chart. With decent volume participation and RSI indicator on the rise, we anticipate the stock to move further upward towards it previous peak level of around 245. Vaishali Parekh recommends to keep stop loss at Rs 188.