 "Aptech gains on plans to launch of K-12 school business overseas")
Shares of Aptech were up over 3% at Rs 64 on the Bombay Stock Exchange after the company said that they are entering the formal K-12 school business with the maiden school will come in Kabul, Afghanistan and will enroll students in March 2016.
The school will be managed in partnership with a local educational trust and Aptech's responsibility will be to develop curriculum, provide content, deploy Aptech's pegagogy, bring necessary education board approvals, deploy evaluation strategy and provide training and certification for the faculty enabling them to excel in education delivery, the release said.
Aptech has a sizeable presence in over 40 countries through its brands and with an entry into the school space will further strengthen its position as a global education and training company, the release added.
The stock opened at Rs 63.70 and touched a high of Rs 64. At 12:45pm, over 330,000 shares were traded on both the stock exchanges.
