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QUICK HEAL TECHNOLOGIES Gains 7%; BSE IT Index Up 2.6%
Wed, 6 Nov 10:6

QUICK HEAL TECHNOLOGIES Gains 7%; BSE IT Index Up 2.6%Image source: StarLineArts/www.istockphoto.com

QUICK HEAL TECHNOLOGIES share price has zoomed 7% and is presently trading at Rs 644.8.

Meanwhile, the BSE IT index is at 41,514.4 (up 2.6%).

Among the top gainers in the BSE IT index today are Eclerx Services (up 5.5%) and PERSISTENT SYSTEMS (up 4.2%).

Firstsource Solutions (down 1.3%) and CYIENT (down 0.4%) are among the top losers today.

Over the last one year, QUICK HEAL TECHNOLOGIES has moved up from Rs 321.8 to Rs 644.8, registering a gain of Rs 323.0 (up 100.4%).

On the other hand, the BSE IT index has moved up from 31,589.8 to 41,514.4, registering a gain of 31.4% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 184.1%), Firstsource Solutions (up 128.7%) and PERSISTENT SYSTEMS (up 80.7%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,930.9 (up 0.6%).

The top gainers among the BSE Sensex today are Infosys (up 2.9%) and HCl Tech. (up 2.8%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,401.2 (up 0.8%). Trent and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,930.9, registering a gain of 14,972.2 points (up 23.0%).

QUICK HEAL TECHNOLOGIES Financial Update...

QUICK HEAL TECHNOLOGIES net profit fell 67.8% YoY to Rs 42 million for the quarter ended September 2024, compared to a profit of Rs 129 million a year ago. Net sales declined 6.2% to Rs 735 million during the period as against Rs 784 million in July-September 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 107.7.


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