Quess Corporation Limited is one of India’s largest business services companies. The company provides a range of services to other companies, such as sales and marketing, human resources, IT management, back office operations, customer support, etc. Quess, headquarters in Bengaluru, Karnataka, was founded in 2007. The company provides its services to clients spread across nine countries. It has more than half a million employees.
On 17 January 2023, the market capitalisation of the company was Rs 5,868.52 crore. It reported consolidated sales of Rs 3030 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 539978 and on the National Stock Exchange (NSE) with the code QUESS.
Ajit Isaac is the non-executive chairman of the company. Guruprasad Srinivasan, Chandran Ratnaswami, Gopalakrishnan Soundarajan, Gaurav Mathur, Revathy Ashok, Sanjay Anandaram, and Kalpathi Rathna Girish are some of the other directors, and N Ravi Vishwanath is the chief financial officer. Deloitte Haskins & Sells LLP is the auditor of the company.
On 17 January 2023, Quess Corporation’s share price on BSE was Rs 397.45 and Rs 397.55 on the NSE. The share price touched a 52-week high of Rs 835.00 and a 52-week low of Rs 390.45. Its three-month return to investors was -31.6%, while its one-month return was -50.6%.
The promoters of Quess Corporation have a stake of 51.9% in the company, while non-institutional investors have a stake of 40.6%. Domestic institutional investors and foreign institutional investors have a consolidated stake of 8.04% in the company.
Aditya Birla SL Tax Relief 96 Direct-Growth has invested a total of Rs 119 crore in the company. Franklin India Smaller Companies Direct Fund Growth has invested Rs 90.7 crore in the company, while Aditya Birla SL MNC Direct-G has invested Rs 71.7 crore in Quess.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.