Quess Corp rises on planning to make investment up to Rs 51 crore

10 Jul 2019

Quess Corp is currently trading at Rs. 429.75, up by 1.30 points or 0.30% from its previous closing of Rs. 428.45 on the BSE.

The scrip opened at Rs. 434.45 and has touched a high and low of Rs. 435.75 and Rs. 417.60 respectively. So far 7865 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1150.00 on 26-Jul-2018 and a 52 week low of Rs. 416.20 on 09-Jul-2019.

Last one week high and low of the scrip stood at Rs. 534.00 and Rs. 416.20 respectively. The current market cap of the company is Rs. 6209.42 crore.

The promoters holding in the company stood at 71.43%, while Institutions and Non-Institutions held 20.20% and 8.37% respectively.

Quess Corp is planning to make an investment up to Rs 51 crore in the company by an investor, through issue of equity shares on preferential allotment basis, subject to, compliance with all applicable laws, approval of the members of the company, and other regulatory, and, or statutory approvals, as applicable. The meeting of Board of Directors of the company is scheduled to be held on July 12, 2019, to consider and approve the same.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.

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