view in Asian Paints .
Advisory : Short term trend in the stock is flat to negative .
Support on the downside for the stock comes at 877.
A break below these levels we could a see a 2-3 % correction
Resistance on the up side comes at 886/896 levels .
Cmp 883 .
Quick Heal Tech inches up after launching cyber security consulting services
Jun 21,2016
The announcement was made after market hours yesterday, 20 June 2016.
Meanwhile, the S&P BSE Sensex was down 23.90 points or 0.09% at 26,843.02.
On BSE, so far 43,000 shares were traded in the counter as against average daily volume of 2.73 lakh shares in the past one quarter. The stock rose as much as 2.1% at the days high of Rs 273.80 so far during the day. The stock rose 0.41% at the days low of Rs 269.25 so far during the day. The stock had hit a record high of Rs 329.95 on 18 February 2016. The stock had hit a record low of Rs 180 on 29 February 2016. The stock had outperformed the market over the past one month till 20 June 2016, advancing 11.31% compared with Sensexs 6.19% rise. The scrip had also outperformed the market in past one quarter, surging 21.06% as against Sensexs 7.67% rise.
Quick Heal Technologies announced that it has launched Seqrite Services to offer cyber security consulting and Quick Heal Academy to impart cyber security education programs, globally.
On consolidated basis, Quick Heal Technologies net profit rose 63.7% to Rs 37.82 crore on 26.3% growth in net sales to Rs 131.44 crore in Q4 March 2016 over Q4 March 2015.
Quick Heal Technologies is one of the leading providers of security software products and solutions in India.
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