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QUICK HEAL TECHNOLOGIES Plunges 6%; BSE IT Index Down 0.2%
Mon, 9 Sep 14:16

QUICK HEAL TECHNOLOGIES Plunges 6%; BSE IT Index Down 0.2%Image source: ThinkNeo/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has plunged 6% and is presently trading at Rs 700.1.

Meanwhile, the BSE IT index is at 42,772.8 (down 0.2%).

Among the top losers in the BSE IT index today are Birlasoft (down 4.0%) and Eclerx Services (down 3.6%).

Tata Elxsi (up 3.8%) and INDIAMART INTERMESH (up 1.3%) are among the top gainers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 210.9 to Rs 700.1, registering a gain of Rs 489.2 (up 232.0%).

On the other hand, the BSE IT index has moved up from 32,669.9 to 42,772.8, registering a gain of 30.9% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 158.6%), INFIBEAM AVENUES (up 95.7%) and Firstsource Solutions (up 84.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,392.8 (up 0.3%).

The top gainers among the BSE Sensex today are Hindustan Unilever (up 3.0%) and ITC (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,893.5 (up 0.2%). Hindustan Unilever and ITC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,780.3 to 81,392.8, registering a gain of 15,612.5 points (up 23.7%).

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 91.8.


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