QUICK HEAL TECHNOLOGIES Plunges 6%; BSE IT Index Up 0.6%
Mon, 3 Mar 14:41
Image source: Ivcandy/www.istockphoto.comQUICK HEAL TECHNOLOGIES share price has plunged 6% and is presently trading at Rs 280.1.
Meanwhile, the BSE IT index is at 36,904.7 (up 0.6%).
Among the top losers in the BSE IT index today are Eclerx Services (down 6.8%) and ZENSAR TECHNOLOGIES (down 4.3%).
LTIMINDTREE (up 3.4%) and Sonata Software (up 3.0%) are among the top gainers today.
Over the last one year, QUICK HEAL TECHNOLOGIES has moved down from Rs 572.0 to Rs 280.1, registering a loss of Rs 292.0 (down 51.0%).
On the other hand, the BSE IT index has moved down from 38,508.4 to 36,904.7, registering a loss of 4.2% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were Sonata Software (down 57.1%), TANLA SOLUTIONS (down 56.9%) and Birlasoft (down 47.2%).
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What About the Benchmark Indices?
The BSE Sensex is at 73,142.5 (down 0.1%).
The top losers among the BSE Sensex today are Reliance Ind. (down 2.4%) and Bajaj Finserv (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and ZOMATO.
In the meantime, NSE Nifty is at 22,130.0 . Bharat Electronics and Eicher Motor are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,095.2 to 73,142.5, registering a gain of 47.3 points (up 0.1%).
QUICK HEAL TECHNOLOGIES Financial Update...
QUICK HEAL TECHNOLOGIES net profit fell 98.9% YoY to Rs 1 million for the quarter ended December 2024, compared to a profit of Rs 101 million a year ago. Net sales declined 13.8% to Rs 706 million during the period as against Rs 819 million in October-December 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 67.7.
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