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16 April, 2024 20:51 IST
Quess Corp completes acquisition of 45% stake in Simpliance Tech
Source: IRIS | 15 Dec, 2017, 09.56AM
Rating: NAN / 5 stars.
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Quess Corp has completed acquisition of 45% equity in Simpliance Technologies on December 14, 2017. Recently on November 24, 2017, the company had signed definitive agreements to acquire 51% equity in Trimax Smart Infraprojects.

The stock had outperformed the market over the past one month till Dec. 14, 2017, rising 21.89% compared with the Sensex's 0.93% rise. It outperformed the market in past one quarter, gaining 20.43% as against 3.12% rise in the Sensex.

Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.

Shares of the company gained Rs 20.55, or 2.01%, to trade at Rs 1,041.30. The total volume of shares traded was 5,341 at the BSE (9.45 a.m., Friday).

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