QUICK HEAL TECHNOLOGIES share price has plunged 4% and is presently trading at Rs 309.3.
Meanwhile, the BSE IT index is at 37,369.2 (down 2.3%).
Among the top losers in the BSE IT index today are PERSISTENT SYSTEMS (down 3.7%) and Mphasis (down 3.4%).
HAPPIEST MINDS TECHNOLOGIES (up 2.0%) is among the top gainers today.
Over the last one year, QUICK HEAL TECHNOLOGIES has moved down from Rs 533.7 to Rs 309.3, registering a loss of Rs 224.4 (down 42.0%).
On the other hand, the BSE IT index has moved down from 38,218.8 to 37,369.2, registering a loss of 2.2% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were Sonata Software (down 55.8%), TANLA SOLUTIONS (down 54.4%) and Birlasoft (down 43.4%).
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The BSE Sensex is at 73,825.8 (down 1.1%).
The top losers among the BSE Sensex today are Indusind Bank (down 5.6%) and M&M (down 3.6%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Motors.
In the meantime, NSE Nifty is at 22,336.1 (down 0.9%). Indusind Bank and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 72,790.1 to 73,825.8, registering a gain of 1,035.7 points (up 1.4%).
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 74.7.
Image source: DNY59/www.istockphoto.com
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