Quick Heal Technologies Receives 'Buy' Rating from MarketsMOJO, Shows Strong Growth and Financial Stability

Oct 11 2024 06:27 PM IST
share
Share Via
Quick Heal Technologies, a smallcap IT software company, has received a 'Buy' rating from MarketsMojo due to its positive results in the last quarter, with a growth in net sales of 36.64%. The company has a low debt to equity ratio, strong financial position, and has outperformed the market in the long term. However, there are risks to consider, such as poor long-term growth and potentially expensive valuation.
Quick Heal Technologies, a smallcap IT software company, has recently received a 'Buy' rating from MarketsMOJO. This upgrade comes as the company has shown positive results in the last quarter, with a growth in net sales of 36.64%. The company has also declared positive results for the past three consecutive quarters, with a growth in PAT of 131.6% and net sales of 36.64%.

One of the major factors contributing to the 'Buy' rating is the company's low debt to equity ratio, which is at 0 times on average. This indicates a strong financial position and stability for the company. Additionally, the stock is currently in a bullish range and has shown a 15.44% return since October 8, 2024.

The majority shareholders of Quick Heal Technologies are the promoters, which further adds to the positive outlook for the company. It has also shown market-beating performance in the long term, with a return of 136.85% in the last year and outperforming BSE 500 in the last 3 years, 1 year, and 3 months.

However, there are some risks associated with investing in Quick Heal Technologies. The company has shown poor long-term growth, with net sales growing at an annual rate of -0.56% and operating profit at -26.90% over the last 5 years. Additionally, with a ROE of 5.5, the stock is currently trading at a premium compared to its historical valuations. The PEG ratio of the company is also at 0.2, indicating a potentially expensive valuation.

In conclusion, Quick Heal Technologies has shown strong performance in the recent past and has received a 'Buy' rating from MarketsMOJO. However, investors should also consider the potential risks associated with the company before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
PVV Infra Ltd is Rated Hold by MarketsMOJO
11 minutes ago
share
Share Via
Minaxi Textiles Ltd is Rated Sell
11 minutes ago
share
Share Via
Incap Ltd is Rated Strong Sell
11 minutes ago
share
Share Via
Manugraph India Ltd is Rated Strong Sell
11 minutes ago
share
Share Via
Morarka Finance Ltd is Rated Strong Sell
11 minutes ago
share
Share Via