/ Ways2Capital : Quess Corp Acquires Singapore Based Comtel Solutions ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 February 2017

Quess Corp, on February 6 has announced that the company has signed definitive agreements to acquire Comtel Solutions, Singapore. Quess Corp is currently trading at Rs 673.35 per share, and is up by 0.80 points or 0.12%.

Headquartered in Bangalore, Quess Corp, India’s leading integrated business services provider, was formerly known as IKYA Human Capital Solutions. The company is a subsidiary of Thomas Cook India.

Comtel Solutions has expanded across Asia Pacific. The company develops solutions for banking, hi-tech manufacturing, telecommunications, logistics and healthcare industries. Quess Corp Ltd is currently trading at Rs 676.65, up by Rs 4.1 or 0.61% from its previous closing of Rs 672.55 on the BSE.

The scrip opened at Rs 676 and has touched a high and low of Rs 682.4 and Rs 673 respectively. So far 47328(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 8527.33 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 744.55 on 25-Jan-2017 and a 52 week low of Rs 452.4 on 14-Jul-2016. Last one week high and low of the scrip stood at Rs 715.75 and Rs 667.3 respectively.

The promoters holding in the company stood at 88.95 % while Institutions and Non-Institutions held 6.47 % and 4.59 % respectively. The stock is currently trading above its 50 DMA.

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