Aptech shares surge 8% following major 3-year government contract

Aptech Limited witnessed an 8% jump in its stock price after securing a 3-year Letter of Intent (LoI) from a State Government Body. The contract involves conducting computer-based online examinations, with the project value determined by the number of candidates.

Key Highlights:

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  • Awarding Entity: State Government Body.
  • Contract Details: Multi-year project for online exams with defined deliverables, payment terms, and a Service Level Agreement.
  • Tenure: 3 years.
  • Value: Based on candidates and rate per candidate, finalized through periodic work orders.

Aptech shares opened at ₹176.00 today, climbing to a high of ₹195.90 and dipping to a low of ₹170.23. The stock remains near its 52-week low of ₹160.01, well below its 52-week high of ₹297.50.

As of 1:26 pm, Aptech shares were trading 7.94% higher at Rs 190.30 on the NSE.

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