QUESS CORP Share Price Up by 5%; BSE IT Index Up 0.7%
July 30, 2021 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%).

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.