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HomeSHARE MARKETNew Demerger Process; Shareholder Will Get Free 1 Share; 13% Jump Today

New Demerger Process; Shareholder Will Get Free 1 Share; 13% Jump Today

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Quess Corp Ltd (NSE: QUESS): Quess Corp’s shares are seeing a spectacular rise of 13% on Monday. For the first time after November 2020, such a huge rise in one day was seen in this stock. 

The company will make its business into 3 separate entities under the demerger process. Through demerger, Quess Corp will focus on its workforce management. Digitize Solutions, the first company to be separated under the demerger process, will handle the HRO business.

The other firm Bluspring Enterprises will focus on industrial services and facilities management. Under the demerger process, Quess Corp shareholders will get 1 share each in exchange for the two separated companies.

The company has said that it is focusing on business verticals so that emphasis can be laid on business positioning in a better way. It is trying to reduce its corporate structure. The company may take up to 12-15 months for this merger. 

Based on the newly formed organization, Quess Corp will contribute 68% of the company’s earnings. Digitide’s contribution will be 14% and the remaining 18% will be from Bluspring.

A renowned Brokerage said, “After this proposal, it will be easier for the company to compare listed companies on the right metrics. Investors may like it.” Let us tell you that Quess Corp has a meeting with investors on February 11.

About Quess Corp Ltd Company 

Quess Corp Limited is a company based in India. The company offers services in workforce and asset management as well as global technology solutions. 

The four segments are Workforce Management, Global Technology Solutions (GTS), Operating Asset Management (OAM), and Product-Led Business. 

The workforce management segment offers comprehensive staffing solutions and services for IT staffing, general recruitment, executive search, recruitment outsourcing, payroll, and recruitment process outsourcing. 

Operating asset management provides food, janitorial, hospitality, and other services. 

Global Technology Solutions provides technology solutions and business process outsourcing services. 

The product-led segment offers hiring technology platforms, workforce management tools, and break-fix services. 

The company’s total operating revenue is Rs 12196.35 crores. The company’s equity capital is Rs 148.23 Crores.

Fundamental Analysis of Quess Corp Ltd

Market Cap₹ 7,1925 Cr.
Current Price₹ 538
52-wk High₹ 584 
52-wk Low₹ 337
Stock P/E34.9
Book Value₹ 182
Dividend1.47 %
ROCE9.39 %
ROE7.37 %
Face Value₹ 10.0
P/B Value2.96
OPM3.49 %
EPS₹ 14.6
Debt₹ 961 Cr.
Debt to Equity0.36

Quess Corp Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 576 ₹ 612
2025₹ 625₹ 654
2026₹ 660₹ 695
2027₹ 700₹ 734
2028₹ 750₹ 822
2029₹ 850₹ 900
2030₹ 954₹ 1145
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Quess Corp Ltd Shareholding Pattern

Promoters Holding
Dec 202256.90%
Mar 202356.75%
June 202356.69%
Sept 202356.66%
Dec 202356.65%
FII Holding
Dec 202221.78%
Mar 202317.92%
June 202317.04%
Sept 202316.93%
Dec 202316.30%
DII Holding
Dec 20228.04%
Mar 20236.56%
June 20237.33%
Sept 202310.18%
Dec 202310.66%
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Public Holding
Dec 202218.19%
Mar 202318.77%
June 202318.94%
Sept 202316.22%
Dec 202316.40%

Quess Corp Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 8,527 Cr
2020₹ 10,991 Cr
2021₹ 10,837 Cr
2022₹ 13,692 Cr
2023₹ 18,631 Cr

Last 5 Years’ Net Profit:

2019₹ 257 Cr
2020₹ -432 Cr
2021₹ 74 Cr
2022₹ 251 Cr
2023₹ 213 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.28
20200.44
20210.19
20220.24
20230.21

Last 10 Years’ Profit Growth:

10 Years:31%
5 Years:-10%
3 Years:1%
Current Year:3%

Last 10 years’ Return on Equity (ROE):

10 Years:10%
5 Years:7%
3 Years:6%
Last Year:7%

Sales Growth Over 10 Years:

10 Years:33%
5 Years:23%
3 Years:16%
Current Year:13%

Conclusion

This article is a complete guide about Quess Corp Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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