{"id":61837,"date":"2024-09-03T13:22:08","date_gmt":"2024-09-03T13:22:08","guid":{"rendered":"https:\/\/efimarkets.com\/blog\/?p=61837"},"modified":"2024-09-03T13:38:41","modified_gmt":"2024-09-03T13:38:41","slug":"quess-corp-shares-rises-8-halting-a-four-day-losing-trend","status":"publish","type":"post","link":"https:\/\/bhimmarkets.com\/blog\/quess-corp-shares-rises-8-halting-a-four-day-losing-trend\/","title":{"rendered":"Quess Corp shares rises 8%, halting a four-day losing trend."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"61837\" class=\"elementor elementor-61837\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1854528 e-con-boxed e-flex e-con\" data-id=\"1854528\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3517449 elementor-widget elementor-widget-image\" data-id=\"3517449\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.0 - 24-04-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"688\" height=\"492\" src=\"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/09\/quess.png\" class=\"attachment-large size-large wp-image-61838\" alt=\"Quess Corp shares surge\" srcset=\"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/09\/quess.png 688w, https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/09\/quess-300x215.png 300w\" sizes=\"(max-width: 688px) 100vw, 688px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-32d751b e-con-boxed e-flex e-con\" data-id=\"32d751b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-572d015 elementor-widget elementor-widget-text-editor\" data-id=\"572d015\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.0 - 24-04-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"color: #000000;\"><a href=\"https:\/\/in.tradingview.com\/symbols\/NSE-QUESS\/\">Quess Corp&#8217;<\/a>s shares&nbsp;<\/span><span style=\"color: rgb(0, 0, 0);\">rises&nbsp;<\/span><span style=\"color: #000000;\">experienced a notable recovery, gaining over 8% on September 3. This increase effectively ended the stock&#8217;s four-day losing streak. Notably, the stock reached a 52-week high, closing at \u20b9834 per share, up from the previous close of \u20b9771.55.<\/span><\/p>\n<h3><span style=\"color: #000000;\">Quess Corp shares rises<\/span><\/h3>\n<p><span style=\"color: #000000;\">Quess corp shares rises include increased manpower additions and the expected completion of the company&#8217;s demerger by the end of the fiscal year. These developments have positively influenced investor sentiment, leading to the significant rise in share price.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Strong Six-Month Performance<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Over the past six months, Quess Corp&#8217;s shares have surged by 61%. This impressive growth far exceeds the performance of the Nifty 50 index, which has only increased by 12% during the same period. Consequently, Quess Corp has solidified its position as a strong performer in the market.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Progress on Demerger Plans<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">In February 2024, Quess Corp announced its intention to split into three separate entities. Both the NSE and BSE have since provided no-objection certificates for the demerger plan. With these approvals in place, Quess Corp has moved forward by submitting an application to the National Company Law Tribunal (NCLT). This step is crucial for the finalization of the demerger process.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Expansion of Global Workforce<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">In addition to the demerger, Quess Corp has made significant strides in expanding its global workforce. The company recently announced that it now employs over six lakh people, positioning it among the top staffing firms globally. &#8220;This achievement places us on the global stage as one of the largest employers worldwide. In India, we continue to maintain a significant lead,&#8221; Quess Corp&#8217;s management shared in a recent interview with ET Now. Additionally, they emphasized, &#8220;We\u2019ve been consistently adding between 60,000 to 70,000 net employees annually. We\u2019re pleased with our current position and are committed to pursuing an aggressive growth trajectory.&#8221;<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Robust Financial Performance in Q1 FY25<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">In Q1 FY25, Quess Corp&#8217;s financial results were equally strong. The company reported a 14% increase in consolidated net profit quarter-on-quarter, reaching \u20b9111.7 crore. Meanwhile, revenue from operations grew by 8.8% QoQ to \u20b95,003 crore. Furthermore, on a year-over-year basis, the company saw its consolidated net profit and revenue increase by 132% and 9%, respectively.<\/span><\/p>\n<h3><span style=\"color: #000000;\"><strong>Earnings and Profit Growth<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\">Quess Corp&#8217;s Earnings Per Share (EPS) also showed remarkable improvement, surging by 116% year-on-year. This impressive growth is further underscored by a rise in Profit After Tax (PAT), which reached \u20b9112 crore\u2014a 132% year-on-year increase and a 14% growth quarter-on-quarter.<\/span><\/p>\n<h5><strong>Trade Anytime, Anywhere with EFI Markets<\/strong><\/h5>\n<p><span style=\"color: #000000;\">EFI Markets is a trusted<\/span>&nbsp;<a href=\"https:\/\/efimarkets.com\/stocks\">stock market trading platform<\/a><span style=\"color: #000000;\">,&nbsp;making trading easy with its efficient interface and a variety of tools and features.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Quess Corp&#8217;s shares&nbsp;rises&nbsp;experienced a notable recovery, gaining over 8% on September 3. This increase effectively ended the stock&#8217;s four-day losing streak. Notably, the stock reached a 52-week high, closing at \u20b9834 per share, up from the previous close of \u20b9771.55. Quess Corp shares rises Quess corp shares rises include increased manpower additions and the expected &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bhimmarkets.com\/blog\/quess-corp-shares-rises-8-halting-a-four-day-losing-trend\/\"> <span class=\"screen-reader-text\">Quess Corp shares rises 8%, halting a four-day losing trend.<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":61838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[12,3],"tags":[20,14,5,34,18],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Quess Corp shares rises 8%, halting a four-day losing trend. -<\/title>\n<meta name=\"description\" content=\"Quess Corp shares surge 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