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Motilal Oswal has given buy rating Quess Corp with a target price of Rs 480. The share price moved down by 3.66 per cent from its previous close of Rs 396.45. The stock’s last traded price is Rs 381.95.
Quess Corp Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 5667.94 Crore) operating in Services sector.
Financials
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 2409.43 Crore, down 19.54 % from last quarter Sales of Rs 2994.59 Crore and up .61 % from last year same quarter Sales of Rs 2394.73 Crore Company has reported net profit after tax of Rs 47.14 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 55.3 per cent stake in the company as of June 30, 2020, while FIIs held 14 per cent, DIIs 15.7 per cent and public and others 15 per cent.
Quess Corp Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 5667.94 Crore) operating in Services sector.
Financials
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 2409.43 Crore, down 19.54 % from last quarter Sales of Rs 2994.59 Crore and up .61 % from last year same quarter Sales of Rs 2394.73 Crore Company has reported net profit after tax of Rs 47.14 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 55.3 per cent stake in the company as of June 30, 2020, while FIIs held 14 per cent, DIIs 15.7 per cent and public and others 15 per cent.