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QUESS CORP Gains 7%; BSE IT Index Up 0.1%
Wed, 30 Oct 12:0

QUESS CORP Gains 7%; BSE IT Index Up 0.1%Image source: Kameleon007 /www.istockphoto.com

QUESS CORP share price has zoomed 7% and is presently trading at Rs 706.8.

Meanwhile, the BSE IT index is at 41,825.9 (up 0.1%).

Among the top gainers in the BSE IT index today are Oracle Financial Services (up 4.1%) and Eclerx Services (up 3.8%).

Firstsource Solutions (down 3.9%) and Infosys (down 1.0%) are among the top losers today.

Over the last one year, QUESS CORP has moved up from Rs 420.8 to Rs 706.8, registering a gain of Rs 286.0 (up 68.0%).

On the other hand, the BSE IT index has moved up from 31,119.8 to 41,825.9, registering a gain of 34.4% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 193.9%), Firstsource Solutions (up 111.1%) and PERSISTENT SYSTEMS (up 86.7%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,209.9 (down 0.2%).

The top losers among the BSE Sensex today are ICICI Bank (down 1.7%) and Axis Bank (down 1.1%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.

In the meantime, NSE Nifty is at 24,437.3 (down 0.1%). Cipla and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,209.9, registering a gain of 16,097.3 points (up 25.1%).

QUESS CORP Financial Update...

QUESS CORP net profit grew 31.9% YoY to Rs 936 million for the quarter ended September 2024, compared to a profit of Rs 710 million a year ago. Net sales rose 9.1% to Rs 51,794 million during the period as against Rs 47,483 million in July-September 2023.

For the year ended March 2024, QUESS CORP reported 25.8% increase in net profit to Rs 2,804 million compared to net profit of Rs 2,229 million during FY23. Revenue of the company grew 11.3% to Rs 191,001 million during FY24.

The current Price to earnings ratio of QUESS CORP, based on rolling 12 month earnings, stands at 28.6.


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