Buy Quess Corp, price target Rs 565: Jayesh Bhanushali

Jayesh Bhanushali of IIFL has a buy call on Quess Corp Ltd. with a target price of Rs 565.0 . The current price of Quess Corp Ltd. is Rs 524.0 . Jayesh Bhanushali recommended to keep a stoploss at Rs 504 .

Quess Corp Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 7729.56 Crore) operating in Services sector.

Quess Corp Ltd. key Products/Revenue Segments include Other Services which contributed Rs 4410.81 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2650.25 Crore, up 10.67 % from last quarter Sales of Rs 2394.73 Crore and up 26.70 % from last year same quarter Sales of Rs 2091.71 Crore Company has reported net profit after tax of Rs 68.98 Crore in latest quarter.

The company’s top management includes Mr.Ajit Isaac, Mr.Chandran Ratnaswami, Mr.Madhavan Menon, Mr.Pratip Chaudhuri, Mr.Pravir Kumar Vohra, Mr.Sanjay Anandaram, Mr.Subrata Kumar Nag, Ms.Revathy Ashok. Company has BSR & Associates LLP as its auditoRs As on 23-12-2019, the company has a total of 147,510,694 shares outstanding.