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QUICK HEAL TECHNOLOGIES Gains 6%; BSE IT Index Up 0.4%
Thu, 29 Aug 10:51

QUICK HEAL TECHNOLOGIES Gains 6%; BSE IT Index Up 0.4%Image source: asbe/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has zoomed 6% and is presently trading at Rs 715.4.

Meanwhile, the BSE IT index is at 43,376.3 (up 0.4%).

Among the top gainers in the BSE IT index today are Sonata Software (up 3.7%) and Firstsource Solutions (up 2.8%).

TANLA SOLUTIONS (down 3.1%) and Tata Elxsi (down 3.0%) are among the top losers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 204.3 to Rs 715.4, registering a gain of Rs 511.1 (up 250.2%).

On the other hand, the BSE IT index has moved up from 31,145.7 to 43,376.3, registering a gain of 39.3% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 169.9%), INFIBEAM AVENUES (up 120.7%) and PERSISTENT SYSTEMS (up 99.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,992.4 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 2.6%) and Bajaj Finserv (up 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 25,098.7 (up 0.2%). Bajaj Finance and Bajaj Finserv are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,992.4, registering a gain of 16,995.8 points (up 26.1%).

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 93.8.


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