{"id":110965,"date":"2023-09-29T16:31:56","date_gmt":"2023-09-29T11:01:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110965"},"modified":"2023-09-29T16:36:32","modified_gmt":"2023-09-29T11:06:32","slug":"it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/","title":{"rendered":"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2616129440\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1803382461\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On Thursday the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/QUICKHEAL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Quick Heal Technologies<\/a><\/strong> closed at Rs 277.65 up by 8 percent and the market capitalization of the company is 1,470 Cr.&nbsp;<\/p><p>As per the reports and Bulk\/Block deals data on NSE and BSE, Sequoia Capital has exited Quick Heal Technologies by offloading its entire stake of 3.4 percent.&nbsp;<\/p><p>Sequoia Capital has sold 17,85,975 shares in total, 13,60,975 shares in BSE and 4,25,000 shares in NSE at an average price of Rs 240. The stake sale has fetched Sequoia Capital a sum of 42.86 Cr.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-1723647445\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>After the stake sale, Carnelian Asset Advisors Private Limited bought 7,50,000 shares at price of Rs 240 and Graviton Research Capital LLP bought 3,14,847 shares at price of 265.\u00a0<\/p><p>The company\u2019s revenue has decreased by 18.66 percent from 341.9 Cr in FY22 to 278.09 Cr in FY23, accompanied by decreasing profits of 83.19 Cr to 6.4 Cr.&nbsp;<\/p><p>The company has reported a return on equity (ROE) of 1.24 percent and return on capital employed (ROCE) of 1.53 percent. The company&#8217;s profitability ratios have come down due to decrease in sales and increase in the operating expenses.&nbsp;<\/p><p>According to the latest shareholding data available for the June 2023 quarter, the company\u2019s Promoters hold 73.08 percent stake, and the Foreign Institutional Investors (FII) hold 2.02 percent.&nbsp;<\/p><p>Quick Heal Technologies is engaged in the business of providing security software products and solutions.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1863202677\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1858594505\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.&nbsp; On Thursday the shares of Quick Heal Technologies closed at Rs 277.65 up by 8 percent and the market capitalization of the company is 1,470 Cr.&nbsp; As per the reports [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":62638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12651,12650,948,936,12652],"class_list":["post-110965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-quick-heal-latest-news","tag-quick-heal-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-quick-heal-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company\" \/>\n<meta property=\"og:description\" content=\"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-29T11:01:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-29T11:06:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/\",\"url\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/\",\"name\":\"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg\",\"datePublished\":\"2023-09-29T11:01:56+00:00\",\"dateModified\":\"2023-09-29T11:06:32+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company - Trade Brains Features","description":"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/","og_locale":"en_US","og_type":"article","og_title":"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company","og_description":"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-09-29T11:01:56+00:00","article_modified_time":"2023-09-29T11:06:32+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/","url":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/","name":"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg","datePublished":"2023-09-29T11:01:56+00:00","dateModified":"2023-09-29T11:06:32+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The famous American venture capital firm has exited this debt free company by offloading its entire 3.4 percent stake in the open market on Thursday.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/09\/Market-1985-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/it-stock-jumps-up-to-8-after-2-investment-firms-buy-10-lakh-shares-in-the-company\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"IT stock jumps up to 8% after 2 Investment firms buy 10 Lakh shares in the company"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/110965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=110965"}],"version-history":[{"count":4,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/110965\/revisions"}],"predecessor-version":[{"id":110973,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/110965\/revisions\/110973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/62638"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=110965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=110965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=110965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}