QUESS CORP Plunges 9%; BSE IT Index Up 0.9%
Tue, 20 May 11:0
Image source: Nikada/www.istockphoto.comQUESS CORP share price has plunged 9% and is presently trading at Rs 340.9.
Meanwhile, the BSE IT index is at 37,259.4 (up 0.9%).
Among the top losers in the BSE IT index today are TANLA SOLUTIONS (down 0.4%) and Firstsource Solutions (down 0.3%).
ZENSAR TECHNOLOGIES (up 7.2%) and Coforge (up 2.1%) are among the top gainers today.
Over the last one year, QUESS CORP has moved down from Rs 635.3 to Rs 340.9, registering a loss of Rs 294.4 (down 46.3%).
On the other hand, the BSE IT index has moved up from 34,433.1 to 37,259.4, registering a gain of 8.2% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Firstsource Solutions (up 87.7%), Coforge (up 80.5%) and PERSISTENT SYSTEMS (up 63.5%).
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What About the Benchmark Indices?
The BSE Sensex is at 82,001.2 (down 0.1%).
The top losers among the BSE Sensex today are Eternal Ltd (down 2.1%) and HDFC Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Eternal Ltd.
In the meantime, NSE Nifty is at 24,928.0 (down 0.1%). Eternal Ltd and Hero Motocorp are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,663.7 to 82,001.2, registering a gain of 8,337.5 points (up 11.3%).
QUESS CORP Financial Update...
QUESS CORP net profit grew 33.7% YoY to Rs 851 million for the quarter ended December 2024, compared to a profit of Rs 637 million a year ago. Net sales rose 14.0% to Rs 55,191 million during the period as against Rs 48,418 million in October-December 2023.
For the year ended March 2024, QUESS CORP reported 25.8% increase in net profit to Rs 2,804 million compared to net profit of Rs 2,229 million during FY23. Revenue of the company grew 11.3% to Rs 191,001 million during FY24.
The current Price to earnings ratio of QUESS CORP, based on rolling 12 month earnings, stands at 13.1.
Indian Share Market Update: Top Gainers and Losers
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