Quick Heal Technologies moves up as its arm inks pact with M. Tech Solutions
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Quick Heal Technologies is currently trading at Rs. 503.50, up by 4.10 points or 0.82% from its previous closing of Rs. 499.40 on the BSE.
The scrip opened at Rs. 504.65 and has touched a high and low of Rs. 506.40 and Rs. 500.00 respectively. So far 1492 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 600.00 on 12-Mar-2024 and a 52 week low of Rs. 127.35 on 18-Apr-2023.
Last one week high and low of the scrip stood at Rs. 508.05 and Rs. 465.70 respectively. The current market cap of the company is Rs. 2672.60 crore.
The promoters holding in the company stood at 72.76%, while Institutions and Non-Institutions held 3.10% and 24.14% respectively.
Quick Heal Technologies’ enterprise arm-- Seqrite, has entered into a strategic partnership with M. Tech Solutions (India), appointing them as its Value-Added Distributor (VAD) for the Indian market. This collaboration aims to significantly expand Seqrite's presence in India and solidify its position further in the crucial Enterprise and Government segments.
M. Tech's established relationships and deep understanding of Cybersecurity technology will be instrumental in effective customer acquisition and solution deployment. Seqrite's comprehensive security suite, comprising of advanced solutions like End Point Security, EDR, XDR, EMM, and cutting-edge technologies like Zero Trust & Data Privacy, will be strategically positioned through M. Tech's expertise, ensuring targeted outreach and optimal value proposition.
Quick Heal Technologies is one of the leading IT security solutions company. Each Quick Heal product is designed to simplify IT security management across the length and depth of devices and on multiple platforms.
