Quess Corp data reveals 23% increase in staffing requirements during festival period Apr-Aug 2023 vs same period last year. Sectors such as BFSI, M&I, retail & telecom saw improved hiring. E-commerce & auto sectors expected to have sizable workforce of up to 3 lakhs. Metro cities saw max demand for …

Staffing requirements up 23% ahead of festival season: report

Motilal Oswal recommended Neutral rating on Quess Corp with a target price of Rs 440 in its research report dated August 03, 2023.

Neutral Quess Corp; target of Rs 440: Motilal Oswal

The Bengaluru-headquartered company has reported revenues of Rs 4,600 crore during the quarter ended June, recording a 16% jump year-on-year.

Quess Corp headcount upwards of 5 lakh, profit drops 29% in Q1

#QuessCorp's Guruprasad Srinivasan & Kamal Pal Hoda decode the company's June quarter earnings and share the outlook for the coming quarters. #BQLive 

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Q1 Review: Quess Corp June Quarter Misses Estimates | BQ Prime

Quess Corp posted 29% decline in net profit for June quarter to Rs 48 cr; total revenues grew 16% to Rs 4,600 cr; EBITA remained unchanged at Rs 154 cr, EBITDA margin declined 51 bps to 3.3%.

Quess Corp Q1 net profit drops 29% to Rs 48 cr

Informal sector employees are beginning to understand the benefits of formal sector, says #QuessCorp's Lohit Bhatia. 

Also read: https://bit.ly/43vPunP
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Informal Sector Employees Understanding Formal Sector Benefits: Quess Corp's Lohit Bhatia | BQ Prime

Informal workers aspire for ESI, healthcare benefits & job security: Quess Corp report. 83% of 18-25yo & 81% of 26-35yo informal workers expect ESI. 79% willing to compromise on salary for security & benefits. Women prioritize health & security, men prioritize career.

Majority of informal workers expect assurance of ESI: Report

Hiring in the country has witnessed a year-on-year growth of 12 per cent in January to May 2023

Hiring up 12% Y-o-Y during January-May: Quess Corp’s data

Motilal Oswal recommended Neutral rating on Quess Corp with a target price of Rs 410 in its research report dated May 18, 2023.

Neutral Quess Corp; target of Rs 410: Motilal Oswal

Quess Corp, a business service provider, added 73,000 employees in the fiscal year ended March 23, for a second consecutive year. Despite the business environment muted across sectors in India due to the global financial crisis, Quess has continued to perform well in sectors such as manufacturing, B…

Quess adds 73,000 headcount for second straight year, bets on new areas

Quess Corp’s Q4 PAT dips 61% YoY to ₹30 crore

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Quess Corp Limited provides business services across four segments - Global Technology Solutions Group, Industrial Asset Management Group, Integrated Facilities Management, and People & Services.

Quess Corp Ltd

Quess Corp Ltd

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Staffing requirements up 23% ahead of festival season: report