India's Quick Heal Technologies up on reporting Q4 profit

Quick Heal Technologies

26/04/2024 08:47

** Shares of Quick Heal Technologies  QUIC.NS  rise as much
as 6.2% to 534.45 rupees before trimming most of its gains to
last trade up 1.5% 
    ** Cybersecurity products co reported consolidated profit of
140.4 mln rupees ($1.7 mln) in the March quarter versus a loss
of 66.4 mln rupees a year ago
    ** Revenue from contract with customers up 62.4% Y/Y
    ** Stock on track to snap two straight week of losses, if
trends hold  
    ** More than 191,000 shares change hands by 1:12 p.m. IST,
0.9x the 30-day avg
    ** Including session's gain, stock is up 41.3% YTD 


($1 = 83.3347 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))