India's Quick Heal Technologies jumps after Carnelian's stake purchase

Quick Heal Technologies

12/01/2024 08:26

** Shares of Quick Heal Technologies  QUIC.NS  rise as much
as 5.55% to 428.55 rupees
    ** Carnelian Structural Shift Fund, owned by Mumbai-based
investment management firm Carnelian Capital, bought 660,455
shares, aggregating to 1.24% stake in the cybersecurity products
company, as of Dec. 31, shareholding data shows
    ** The structural shift fund is designed to focus on
companies in manufacturing and technology sectors, and owns 25
stocks 
    ** Trading volume is 811,174 shares as of 1:49 p.m. IST, 2.6
times the 30-day avg - LSEG data
    ** Shares of QUIC up 16.2% in January so far, after logging
~107% rise in 2023 - LSEG data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))