QUESS CORP Share Price Up by 5%; BSE IT Index Down 0.7%

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QUESS CORP Share Price Up by 5%; BSE IT Index Down 0.7%
Thu, 16 Sep 11:09 AM

QUESS CORP share price has zoomed 5% and is presently trading at Rs 954.

Meanwhile, the BSE IT Index is at 35,558 (down 0.7%).

Among the top Gainers in the BSE IT Index today is QUESS CORP (up 5.0%).

L&T INFOTECH (down 0.3%) and ORACLE FINANCIAL (down 0.5%) are among the top losers today.

Over the last one year, QUESS CORP has moved up from Rs 411 to Rs 954, registering a gain of Rs 543 (up 132.1%).

On the other hand, the BSE IT has moved up from 19,586 to 35,558, registering a gain of 15,972 points (up 79.3%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 296.9%), MINDTREE (up 239.1%) and PERSISTENT SYSTEMS (up 218.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 58,908 (up 0.2%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 10.0%), ITC (up 6.5%) and POWER GRID (up 1.9%). Other gainers include SBI (up 1.7%) and BAJAJ AUTO (up 0.9%). The most traded stocks in the BSE Sensex are ITC and INDUSIND BANK.

In the meantime, NSE Nifty is at 17,577 (up 0.1%). The top gainers in the NSE Nifty include INDUSIND BANK (up 10.0%), ITC (up 6.3%) and SBI (up 2.0%). Other gainers include POWER GRID (up 1.7%) and HERO MOTOCORP (up 1.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,757 to 58,908, registering a gain of 20,151 points (up 51.77%).

QUESS CORP Financial Update...

QUESS CORP net profit down at Rs 446 million for the quarter ended June 2021, compared to a loss of Rs 455 million a year ago. Net Sales rose 6.4% to Rs 29.9 billion during the period as against Rs 28.1 billion in April-June 2020.

For the year ended March 2021, QUESS CORP reported 120.4% decrease in net profit to Rs 851.0 million compared to net profit of Rs 4.2 billion during FY20.

Revenue of the company grew 1.4% to Rs 108 billion during FY21.

The current Price to earnings ratio of QUESS CORP, based on rolling 12 month earnings, stands at 170.4x.

What else is happening in the markets today? Dig in...

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