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QUICK HEAL TECHNOLOGIES Gains 6%; BSE IT Index Up 0.7%
Fri, 4 Oct 10:14

QUICK HEAL TECHNOLOGIES Gains 6%; BSE IT Index Up 0.7%Image source: ipopba/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has zoomed 6% and is presently trading at Rs 675.2.

Meanwhile, the BSE IT index is at 42,467.8 (up 0.7%).

Among the top gainers in the BSE IT index today are Coforge (up 1.9%) and PERSISTENT SYSTEMS (up 1.5%).

INFIBEAM AVENUES (down 1.0%) and Eclerx Services (down 0.7%) are among the top losers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 298.3 to Rs 675.2, registering a gain of Rs 376.9 (up 126.3%).

On the other hand, the BSE IT index has moved up from 31,998.7 to 42,467.8, registering a gain of 32.7% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 176.2%), Firstsource Solutions (up 87.9%) and PERSISTENT SYSTEMS (up 85.8%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 82,519.3 .

The top gainers among the BSE Sensex today are Maruti Suzuki (up 1.4%) and Titan (up 1.2%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,237.1 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,519.3, registering a gain of 17,007.2 points (up 26.0%).

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 88.5.


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