QUICK HEAL TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 606.8.
Meanwhile, the BSE IT index is at 41,752.4 (up 0.1%).
Among the top gainers in the BSE IT index today are TANLA SOLUTIONS (up 2.9%) and INFIBEAM AVENUES (up 2.4%).
INDIAMART INTERMESH (down 6.1%) and Birlasoft (down 2.7%) are among the top losers today.
Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 159.0 to Rs 606.8, registering a gain of Rs 447.8 (up 281.6%).
On the other hand, the BSE IT index has moved up from 30,276.6 to 41,752.4, registering a gain of 37.9% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 184.2%), INFIBEAM AVENUES (up 107.3%) and PERSISTENT SYSTEMS (up 104.1%).
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The BSE Sensex is at 81,664.1 (up 0.3%).
The top gainers among the BSE Sensex today are Asian Paints (up 2.6%) and JSW Steel (up 2.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,938.7 (up 0.3%). HDFC LIFE INSURANCE and Asian Paints are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,664.1, registering a gain of 15,136.4 points (up 22.8%).
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 2023, QUICK HEAL TECHNOLOGIES reported 92.3% decrease in net profit to Rs 64 million compared to net profit of Rs 832 million during FY22. Revenue of the company fell 18.7% to Rs 2,781 million during FY23.
The current Price to earnings ratio of QUICK HEAL TECHNOLOGIES, based on rolling 12 month earnings, stands at 79.2.
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