{"id":135141,"date":"2024-10-04T14:52:28","date_gmt":"2024-10-04T09:22:28","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=135141"},"modified":"2024-10-04T14:52:33","modified_gmt":"2024-10-04T09:22:33","slug":"cybersecurity-stock-jumps-9-after-launching-ai-fraud-prevention-software","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/cybersecurity-stock-jumps-9-after-launching-ai-fraud-prevention-software\/","title":{"rendered":"Cybersecurity stock jumps 9% after launching\u00a0AI fraud prevention software"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-313150061\"><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>Cybersecurity stock with a portfolio of cloud-based security and advanced machine learning-enabled solutions to stop threats, attacks, malicious traffic, and many others jumped upto 9 percent in the day\u2019s trade following the launch of India&#8217;s First All-in-One Fraud Prevention Solution.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2431971011\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 3,635 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/QUICKHEAL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Quick Heal Technologies Limited<\/a><\/strong> were trading at Rs. 675.70 per equity share, up 6 percent from its previous day\u2019s close price of Rs. 639.30.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>Quick Heal Technologies Limited has announced the launch of India&#8217;s first fraud prevention solution AntiFraud.AI, revolutionizing digital safety against the escalating threat of financial fraud which is impacting the new age.&nbsp;<\/p><p>According to the Indian Cybercrime Coordination Centre, financial fraud has reached alarming levels, the approximate amount that Indians lost to fraudsters between January to April 2024 stood at Rs. 1750 crores. These staggering situations demand for comprehensive fraud prevention solutions, a need that Quick Heal&#8217;s AntiFraud.AI aims to address head-on.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3477045683\"><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>AntiFraud.AI boasts a wide range of robust features designed to enhance user security and safeguard sensitive information, its Comprehensive protection features include Fraud Call Alert. Banking Fraud Alert, Fraud App Detector, Scam Protection, Dark Web Monitoring, and more&nbsp;<\/p><p>The integration of AntiFraud.AI into Quick Heal Total Security Version 25 delivers holistic protection by combining advanced fraud prevention technology with traditional antivirus functions.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Quick Heal Technologies Limited is a global cybersecurity solutions provider. Its current portfolio of cloud-based security and advanced machine learning-enabled solutions stops threats, attacks, and malicious traffic before it strikes.<\/p><p>It offers cyber security products to retail consumers and enterprises, encompassing a range of platforms such as personal computers (PCs), laptops, MACs, and Androids and research-backed enterprise data and network security solutions to organizations and government institutions with varying complexity of information technology (IT) security requirements.&nbsp;<\/p><p>Its products include Quick Heal Total Security, Quick Heal Internet Security, Quick Heal Antivirus Pro, Quick Heal Total Security for Mac, Quick Heal AntiVirus for Server, Quick Heal Total Security Multi-Device, Quick Heal Total Security for Android and Quick Heal Mobile Security and many others.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its Revenue from operations grew by 36.64 percent from Rs. 51.44 Crores in Q1FY24 to Rs. 70.29 Crores in Q1FY25, accompanied by a loss of Rs. 12.76 Crores to a profit of Rs. 4.03 Crores.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-1376867661\"><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><p>In terms of Return ratios, it has reported a return on equity (ROE) of 5.30 percent, and a return on capital employed (ROCE) of 5.69 percent. It has reported a debt-to-equity ratio of 0.&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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><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-after-content\" id=\"trade-4148060138\"><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>Cybersecurity stock with a portfolio of cloud-based security and advanced machine learning-enabled solutions to stop threats, attacks, malicious traffic, and many others jumped upto 9 percent in the day\u2019s trade following the launch of India&#8217;s First All-in-One Fraud Prevention Solution.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 3,635 Crores, the shares of Quick Heal [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14707,"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":[23128,17998,17917,948,936],"class_list":["post-135141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-cybersecurity-stock","tag-quick-heal-technologies-latest-news","tag-quick-heal-technologies-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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