News for Quess Corp Limited (QUESS.BO)

In the Nifty pack, 48 stocks closed in the green, while 2 stocks ended in the red.

In the Nifty 50 index, 48 stocks ended in the green, while 2 stocks closed in the red in today's trade.

In the Nifty50 index, 48 stocks closed in the green, while 2 stocks ended in the red.

In the Nifty 50 index, 46 stocks were trading in the green, while 4 stocks were trading in the red.

In the Nifty50 index, 47 stocks were trading in the green, while 3 stocks were in the red.

Shares of Quess Corp settled at Rs 295.80 at BSE on Tuesday after the company demerged two business entities namely- Digitide Solutions and Bluspring Enterprises- from itself.

Data showed fund managers bought just over Rs 18,000 crore worth 10 shares that included Jio Financial Services Ltd, Bajaj Finserv and Max Financial.

Quess Corp shares demerger: The commercial services provider shall be in focus during the trading session on Tuesday as the company is all set for its demerger into three separate entities.

Thirteen companies, including CRISIL, Hexaware and Quess Corp, are set for key corporate actions like dividends, stock split, rights issue, and spin-off in the holiday-shortened trading week.

Indian markets closed lower Wednesday despite an RBI rate cut, as global trade tensions and recession fears weighed on sentiment. IT and pharma stocks lagged, while FMCG held firm. US markets rallied after Trumps tariff pause, but European shares fell amid rising China-US trade friction and healthcare sector concerns.

Shares of Quess Corp surged over 7 per cent during the trading session on Wednesday after the company announced to fix the record date for its demerger, which is set to create three listed entities.

Sensex, Nifty updates on 28 March 2025: The benchmark BSE Sensex slipped 0.25% to close at 77,414, while the broader NSE Nifty 50 fell 0.41% to 23,494, weighed down by IT and auto stocks as investor sentiment turned cautious ahead of the U.S. reciprocal tariff announcement next week.

The Bangalore bench of the NCLT has approved Quess Corp’s three-way demerger, allowing creation of three public listed entities.

Quess Corp's three-way demerger approved by NCLT to create separate entities focusing on workforce, BPM, and infrastructure services.

Stocks including TCS, Power Grid, Bharat Electronics, IndiGo, Biocon, Rail Vikas Nigam, Quess Corp, RITES, Laurus Labs and Firstsource Solutions will be in the spotlight on Friday, March 07.

Bulls displayed ample appetite for a fightback on Wednesday as markets ended with strong gains led by auto. IT and energy stocks. Nifty broke its 10-sessions losing streak to close at 22,337.30, up by 254.65 points or 1.15%. Meanwhile the BSE Sensex ended its three-sessions declining trend to settle at 73,730.23, gaining by 740.30 points or 1.01%. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty has moved up after two days of sideways trading.

Amid the ongoing selling on Dalal Street, the benchmark equity index has plunged nearly 10% since October 2024.

In January, mutual funds bought stocks worth Rs 575 billion in India's secondary market, with key additions in Axis Bank, HDFC Bank, and ICICI Bank. Major reductions were seen in Reliance Industries, ITC, and Bharat Electronics. Notable entries included Adani Wilmar in mid-cap and AXISCADES Technologies in small-cap. Mutual funds actively managed their portfolios, focusing on large, mid, and small-cap stocks.

Global e-commerce giant Amazon on Saturday sold shares of business services provider Quess Corp for Rs 46 crore through an open market transaction, while promoter billionaire Prem Watsa promoted Fairfax Capital increased its holding in the company.