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15-Dec2017

Quess Corp rises on completing acquisition of 45% stake in Simpliance Technologies

Quess Corp is currently trading at Rs. 1041.20, up by 20.55 points or 2.01% from its previous closing of Rs. 1020.65 on the BSE.

The scrip opened at Rs. 1034.00 and has touched a high and low of Rs. 1048.70 and Rs. 1034.00 respectively. So far 5,866 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1110.00 on 12-Dec-2017 and a 52 week low of Rs. 608.10 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1110.00 and Rs. 979.75 respectively. The current market cap of the company is Rs. 14,403.00 crore.

The promoters holding in the company stood at 81.52%, while Institutions and Non-Institutions held 7.67% and 10.80% respectively.

Quess Corp has completed acquisition of 45% equity in Simpliance Technologies on December 14, 2017. Recently on November 24, 2017, the company had signed definitive agreements to acquire 51% equity in Trimax Smart Infraprojects.

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.



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