Quess Corp gains on launching ‘QJobs’ digital platform to help blue-collar job seekers

06 Nov 2020 Evaluate

Quess Corp is currently trading at Rs. 414.40, up by 0.55 points or 0.13% from its previous closing of Rs. 413.85 on the BSE.

The scrip opened at Rs. 417.70 and has touched a high and low of Rs. 417.70 and Rs. 410.05 respectively. So far 2500 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 639.05 on 30-Jan-2020 and a 52 week low of Rs. 165.40 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 417.70 and Rs. 400.75 respectively. The current market cap of the company is Rs. 6141.74 crore.

The promoters holding in the company stood at 55.25%, while Institutions and Non-Institutions held 31.25% and 13.49% respectively.

Quess Corp has launched QJobs - a digital platform to help blue-collar job seekers find work. Through QJobs, the company aims to address the issues of job creation, job discoverability and job matching by providing a comprehensive solution that allows employers to find the right talent, while allowing job seekers to showcase their skills and find employment closer to their location.

Since the onset of the pandemic and the crisis in the job market that came along with it, it was very apparent that there was a need for a connector between demand and supply in the blue- collar space. The workforce size in India is about 480 million, of which 220 million have farm jobs, 120 million are migrant workers (with minimal skills), and 75 million are blue-collar (entry level) workers. Grey-collar, white-collar and orange-collar workforce is estimated to be 15 million, 6 million and 4 million, respectively. QJobs will help find people most fit to do a job, and ensure that they are onboarded with the least friction.

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.

Quess Corp Share Price

611.75 -21.65 (-3.42%)
21-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Quess Corp 611.75
eClerx Services 2346.85
Info Edge 6405.65
CMS Info Systems 436.35
Affle (India) 1214.00
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