01-01-1970 12:00 AM | Source: Accord Fintech
Quest Softech (India) hits 52-week high on getting nod for business diversification
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Quest Softech (India) is currently trading at Rs. 69.80, up by 3.30 points or 4.96% from its previous closing of Rs. 66.50 on the BSE.

The scrip opened at Rs. 69.80 and has touched a high and low of Rs. 69.80 and Rs. 64.00 respectively. So far 210915 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.80 on 27-Jan-2023 and a 52 week low of Rs. 2.99 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs.69.80 and Rs. 57.50 respectively. The current market cap of the company is Rs. 69.80 crore.

The promoters holding in the company stood at 43.81%, while Institutions and Non-Institutions held 0.14% and 56.05% respectively.

Quest Softech (India) has received approval for business diversification and venture in new business opportunities including manufacturing, assembly, installation, commissioning, operating and maintenance of chargers of Electric Vehicles and it’s Charging Stations and allied business activities; including but not limited to Re selling, Facility Management, Tech based solutions in Electric vehicle Infra segment, EV Battery Swap Stations, acting as commission agent in EV Segment for any trade or service, Solar and other renewable energy related businesses, writing / creating / coding Software and IT enabled services, Serving in SAAS (Software as a service) segment, Brand and Franchisee Management, operating and managing EV Fleet through controlled software to include EV Taxis, EV Buses, EV Trucks and EV passenger and transport vehicles. The Board of Directors at its meeting held on January 25, 2023 has approved the same.

The main business of the Quest Softech (India) is providing software and hardware consulting services related to the preparation and maintenance of accounting information and reports.