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Shares of Quess Corp rose nearly 6 per cent in biggest daily percentage gain in over five months on strong Q2 earnings.
The company's September quarter consolidated profit jumped over four times to Rs 141 crore, helped by a rise in its global technology business, the business services provider had said on Wednesday.
The company had signed a deal to buy majority stake in Vedang Cellular Services with an investment of up to Rs 40 crore ($6.18 million).
Vedang complements existing breadth of services of Quess, giving another avenue of upward mobility, Ambit Capital analyst wrote, adding that revenue growth was in line with expectations.
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