Quick Heal zooms 20% as board to consider share buyback on July 21

Shares of Quick Heal Technologies zoomed 20 per cent to Rs 199.80 on the BSE in Monday’s intra-day trade on the back of heavy volumes after the company said its board will consider buyback proposal in forthcoming meeting held on July 21, 2022.

The board will also consider and approve the un-audited financial results of the company for the quarter ended June 30, 2022 (Q1FY23).

At 10:42 am, Quick Heal traded 18 per cent higher at Rs 196.45, as compared to 0.8 per cent rise in the S&P BSE Sensex. The trading volumes on the counter jumped over 20-fold with a combined around 1.1 million equity shares changing hands on the NSE and BSE.