Quick Heal zooms 8%, hits 52-wk high as board to consider buyback proposal

Shares of Quick Heal Technologies, on Friday, soared up to 8 per cent to a fresh 52-week high of Rs 187 on the National Stock Exchange (NSE), in an otherwise weak market, after the company said its board will consider a share buyback on March 10, 2021.

The security software provider's stock has advanced 9.1 per cent in the last one month (till Thursday) as compared to a 1.2 per cent rise in the benchmark Nifty50 index.

Quick Heal Technologies is one of the leading providers of IT security and data protection solutions with a strong footprint in India