Page 2 - Quess Corp

Quess Corp's consolidated PAT doubles to Rs 89 cr in December quarter

Business services provider Quess Corp on Thursday reported a 93.47 per cent jump in consolidated profit after tax (PAT) to Rs 89 crore for the quarter ending December 31, 2021.

Quess Corp counters I-T dept, denies 'concealing' income of Rs 880 cr

Manpower outsourcing company Quess Corp has denied concealing any income after the IT department claimed that it has revealed undisclosed income of around Rs 880 crore

Nifty outlook & stock picks by Gaurav Garg: Buy Quess Corp, Coromandel Intl

Quess Corp's stock is forming bullish flag pattern on daily charts

Quess Corp to acquire remaining 30% stake in Conneqt from Tata Sons

Business services provider Quess Corp on Friday said it will acquire the remaining 30 per cent equity stake in Conneqt Business Solutions Ltd from Tata Sons for Rs 2.08 billion

Stocks to watch: BPCL, Shipping Corp, Hero Moto, Tata Motors, IDBI Bank

Royal Enfield on Monday reported a 10 per cent increase in total sales at 69,659 units in February

Quess Corp announces separation of Chairman, MD roles; appoints new CFO

Business services and global staffing provider Quess Corp on Monday announced the separation of roles of its Chairman and Managing Director.

Will be back to pre-Covid levels by January-March quarter: Quess Corp

Headcount fell for the third-straight quarter to 3,25,000, down 3 per cent on a sequential basis. The firm expects to arrest the fall in the ongoing quarter

Quess Corp' Rs 664-cr impairment loss - Cost of Covid or shopping spree?

In over 25 acquisitions the past 13 years, India's largest staffing firm mopped up Rs 1,335 cr in goodwill assets and Rs 278 cr in intangibles. A one-time write-off wiped out 40% of its investments

Quess Corp expects hiring to pick up on festive demand, unlocking

In the June quarter, the Fairfax-backed company, which derives close to 80 per cent of its revenues from general staffing business, had witnessed a 13 per cent dip in headcount over Q1

East Bengal will soon follow rivals Mohun Bagan into ISL: Club official

The club has been grappling with financial woes following the premature pullout of its former investor Quess Corp, who were its title sponsors for two seasons.

Quess Corp headcount likely to fall 10-15% in Q1 amid Covid-19 crisis

Firm is hopeful of returning to growth path once major cities open up

Amazon invests Rs 51 crore in Qdigi Services to bolster after-sales

Quess Corp had acquired HCL Computing Products from HCL Infosystems last year and renamed it Qdigi

Quess Corp surges 18% on preferential share allotment to Amazon

The board has approved issue of 754,437 equity shares of the Company to Amazon.com for an aggregate amount of Rs 51 crore at an issue price of Rs 676 by way of a preferential allotment.

Quess Corp nears record low; stock tanks 11% on heavy volumes

Last week at its board meeting, the company deferred the decision on raising funds

Quess Corp to continue with inorganic play, broaden service offerings

Quess Corp has acquired 22 entities with various service capabilities in the past 10 years

Retail portion of Quess Corp offer for sale subscribed 3 times

Shares of Quess Corp gained 8% to close at Rs 925

Quess Corp's Rs 680-crore OFS oversubscribed

The Rs 680-crore offer for sale (OFS) by Quess Corp saw five times more demand the shares on offer. Promoters Thomas Cook and Ajit Abraham Isaac offloaded about six per cent stake in the company through the OFS to comply with the 25 per cent minimum public shareholding norms. The base price for the 8.5-million share sale was fixed at Rs 800 apiece, however, most bids came at Rs 837. Shares of Quess ended at Rs 857, down 6.2 per cent in secondary market trading on the BSE. About 850,000 shares reserved for retail investors will be auctioned on Friday. Following the share sale the promoter holding in the company will drop from 81.52 per cent to 75.38 per cent. Axis Capital Limited and India Infoline acted as investment bankers for the deal. Quess Corp is a technology solutions and manpower staffing company and currently has market capitalistion of Rs 11,855 crore. Motilal Oswal has a buy rating on the stock with a price target of Rs 1,170 crore. "Valuations are rich, given its strong ...

Quess Corp falls 8% as share sales by promoters begin; Thomas Cook up 5%

Quess Corp has dipped 8% to Rs 840 on the BSE in early morning trade after the promoters fixed floor price at Rs 800 per share for offer for sale.

Quess Corp owners to raise Rs 680 cr through share sale

Sale to be held on Thursday and Friday; floor price fixed at Rs 800

Quess Corp acquires majority stake in TBSS for Rs 153 crore

Quess will own 51% in the company, which will be rebranded with a new identity, while Tata Sons, the promoter of TBSS, will retain 49%