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QUICK HEAL TECHNOLOGIES Gains 5%; BSE IT Index Down 0.1%
Tue, 8 Oct 11:41

QUICK HEAL TECHNOLOGIES Gains 5%; BSE IT Index Down 0.1%Image source: hudiemm/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 671.6.

Meanwhile, the BSE IT index is at 42,469.7 (down 0.1%).

Among the top gainers in the BSE IT index today are INDIAMART INTERMESH (up 5.0%) and Firstsource Solutions (up 3.2%).

Sonata Software (down 1.5%) and TCS (down 1.1%) are among the top losers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 282.8 to Rs 671.6, registering a gain of Rs 388.8 (up 137.5%).

On the other hand, the BSE IT index has moved up from 32,100.0 to 42,469.7, registering a gain of 32.3% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 171.5%), Firstsource Solutions (up 91.2%) and PERSISTENT SYSTEMS (up 86.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,567.6 (up 0.6%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 3.3%) and M&M (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,968.9 (up 0.7%). Trent and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,567.6, registering a gain of 16,341.6 points (up 25.1%).

QUICK HEAL TECHNOLOGIES Financial Update...

QUICK HEAL TECHNOLOGIES net profit grew 131.6% YoY to Rs 40 million for the quarter ended June 2024, compared to a loss of Rs 128 million a year ago. Net sales rose 36.6% to Rs 703 million during the period as against Rs 514 million in April-June 2023.

For the year ended March 2024, QUICK HEAL TECHNOLOGIES reported 278.8% increase in net profit to Rs 242 million compared to net profit of Rs 64 million during FY23. Revenue of the company grew 4.9% to Rs 2,918 million during FY24.

The current Price to earnings ratio of QUICK HEAL TECHNOLOGIES, based on rolling 12 month earnings, stands at 88.1.


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