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

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QUESS CORP Share Price Up by 5%; BSE IT Index Up 0.7%
Fri, 30 Jul 10:56 AM

QUESS CORP share price has zoomed 5% and is presently trading at Rs 874.

Meanwhile, the BSE IT Index is at 31,177 (up 0.7%).

Among the top Gainers in the BSE IT Index today are QUESS CORP (up 5.2%) and TECH MAHINDRA (up 9.3%).

INFOSYS (down 0.1%) and WIPRO (down 0.3%) are among the top losers today.

Over the last one year, QUESS CORP has moved up from Rs 348 to Rs 874, registering a gain of Rs 526 (up 147.4%).

On the other hand, the BSE IT has moved up from 18,244 to 31,177, registering a gain of 12,933 points (up 70.1%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 388.2%), ECLERX SERVICES (up 368.3%) and TATA ELXSI (up 358.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 52,800 (up 0.1%).

The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 9.3%), M&M (up 2.8%) and HCL TECHNOLOGIES (up 2.7%). Other gainers include POWER GRID (up 2.3%) and NTPC (up 1.7%). The most traded stocks in the BSE Sensex are TECH MAHINDRA and POWER GRID.

In the meantime, NSE Nifty is at 15,823 (up 0.1%). The top gainers in the NSE Nifty include TECH MAHINDRA (up 9.0%), HCL TECHNOLOGIES (up 2.7%) and M&M (up 2.7%). Other gainers include POWER GRID (up 2.5%) and ADANI PORTS & SEZ (up 1.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,493 to 52,800, registering a gain of 14,307 points (up 36.91%).

QUESS CORP Financial Update...

QUESS CORP net profit down at Rs 574 million for the quarter ended March 2021, compared to a loss of Rs 455 million a year ago. Net Sales rose 7.0% to Rs 30.0 billion during the period as against Rs 28.1 billion in January-March 2020.

For the year ended March 2020, QUESS CORP reported 257.5% decrease in net profit to Rs 4.2 billion compared to net profit of Rs 2.7 billion during FY19.

Revenue of the company grew 28.9% to Rs 110 billion during FY20.

The current Price to earnings ratio of QUESS CORP, based on rolling 12 month earnings, stands at 149.1x.

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

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