Quick Heal slumps 10% after posting weak Q2 results; Net profit down 68%

Quick Heal shares fell 10.4 per cent on the BSE and logged an intraday low of Rs 681.05 per share on Friday. Investors dumped the company’s stock after it posted weak second quarter results after market hours on Thursday.

At around 10:47 AM, Quick Heal shares were down 5.55 per cent at Rs 718.4 per share on BSE. In comparison, the BSE Sensex was down 0.09 per cent at 80,930.86 around the same time. The market capitalisation of the company around the time stood at Rs 3,868.76 crore.