Quick Heal Technologies

In 2019 and 2021, Quick Heal had bought back 6.33 million equity shares each via tender offer.

Security software provider Quick Heal Technologies on Monday said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021. The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a regulatory filing. Total revenue rose 13.9 per cent to Rs 79.6 crore in the quarter under review, from Rs 69.9 crore in the year-ago period, it added. We delivered a robust third quarter in terms of revenue, subscribers, profitability and cash flow which is a testament to our team's strong execution. Our continued commitment to secure our customers' ever-increasing online footprint helped us add 818,000 new subscribers," Managing Director and CEO Kailash Katkar said. He added that the growth in enterprise segment has been promising and the company expects the momentum to continue in the coming quarters. "In line with our strategy to boost market share, we continue to invest in R&D and strengthen leadership team that will enable us .

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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

The move strengthens Quick Heal's solution stack to secure modern enterprises against the next-generation of cyber-attacks

The stock was up 7% to Rs 216 after the company announced that its board will consider share buyback proposal on March 5, 2019.

His past assignments had been in companies like Tech Mahindra and Persistent Systems

The stock hit 52-week low of Rs 173, down 9% on BSE in intra-day trade

The stock surged 10% to Rs 245 on the BSE on back of heavy volumes.

The stock locked in upper circuit of 20% at Rs 237 on the BSE on back of heavy volumes at 02:49 PM.

The stock tanked 17% to Rs 209 on the NSE in intra-day trade.

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The stock hit an intra-day low of Rs 267, 12% below its issue price of Rs 321, after opening at Rs 305 on the NSE.