Quick Heal Technologies Ltd.

Quick Heal Technologies is currently trading at Rs. 173.70, up by 5.70 points or 3.39% from its previous closing of Rs. 168.00 on the BSE.

The scrip opened at Rs. 169.95 and has touched a high and low of Rs. 179.60 and Rs. 169.95 respectively. So far 131195 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 183.25 on 14-Oct-2020 and a 52 week low of Rs. 62.45 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 179.60 and Rs. 166.05 respectively. The current market cap of the company is Rs. 1135.47 crore.

The promoters holding in the company stood at 72.83%, while Institutions and Non-Institutions held 0.03% and 27.13% respectively.

Quick Heal Technologies has signed a definitive agreement to invest $2 million in L7 Defense. L7 is an Israel based cybersecurity start-up specializing in Application Program Interface (API) Security and Next Generation Web Application Firewall (NG-WAF). The company had invested $300k in L7 Defense in the previous financial year. Since Quick Heal’s previous investment, L7 Defense has acquired customers in financial, telecom and IT industries across US and Europe. Moreover, the investment enables strategic alignments between both the companies for Quick Heal Technologies to expand its range of enterprise solutions under the ‘Seqrite’ umbrella and introduce L7’s flagship products in market stronghold of India as well as other regions in APAC and EMEA.

Quick Heal Technologies is leading provider of Internet Security tools and is a leader in antivirus Technology in India. Quick Heal Technologies was founded in 1993 and has been actively involved in Research and Development of antivirus software since then.