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QUICK HEAL TECHNOLOGIES Gains 16%; BSE IT Index Up 1.6%
Fri, 9 Aug 9:19

QUICK HEAL TECHNOLOGIES Gains 16%; BSE IT Index Up 1.6%Image source: phive2015/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has zoomed 16% and is presently trading at Rs 623.0.

Meanwhile, the BSE IT index is at 39,842.0 (up 1.6%).

Among the top gainers in the BSE IT index today are Oracle Financial Services (up 3.1%) and KPIT TECHNOLOGIES (up 2.3%).

Mastek (down 1.7%) and INDIAMART INTERMESH are among the top losers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 187.0 to Rs 623.0, registering a gain of Rs 436.1 (up 233.2%).

On the other hand, the BSE IT index has moved up from 31,109.7 to 39,842.0, registering a gain of 28.1% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 161.7%), INFIBEAM AVENUES (up 130.4%) and Firstsource Solutions (up 95.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,984.2 (up 1.4%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 2.2%) and M&M (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,386.9 (up 1.1%). Eicher Motor and ONGC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,984.2, registering a gain of 14,030.8 points (up 21.3%).

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 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 81.4.


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