Announcement • May 02
Ampvolts Limited to Report Q4, 2026 Results on May 08, 2026 Ampvolts Limited announced that they will report Q4, 2026 results on May 08, 2026 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹35.70, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 22x in the IT industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹29.06, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 21x in the IT industry in India. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹27.35, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 21x in the IT industry in India. Total loss to shareholders of 19% over the past three years. Reported Earnings • Feb 14
Third quarter 2026 earnings released Third quarter 2026 results: EPS: ₹0.59. Revenue: ₹79.9m (up ₹75.9m from 3Q 2025). Net income: ₹15.3m (up ₹16.5m from 3Q 2025). Profit margin: 19% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹25.56, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 38% over the past three years. Announcement • Feb 04
Ampvolts Limited to Report Q3, 2026 Results on Feb 12, 2026 Ampvolts Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹18.42, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 24x in the IT industry in India. Total loss to shareholders of 50% over the past three years. Announcement • Jan 07
Ampvolts Limited Announces Appointment of Harnish Rao and Sahil Rao as Non-Executive Independent Directors, Effective January 6, 2026 Ampvolts Limited has appointed Mr. Harnish Rao (DIN: 11357015) as a Non-Executive Independent Director of the Company. Adv. Harnish Rao is a highly qualified legal professional with a rich academic and professional background of almost 25+ years in commerce and law. With dual expertise in both corporate and legal domains, he brings a unique perspective to legal advisory, litigation, and dispute resolution. The appointment is effective from January 6, 2026, and he shall hold office for a term of five consecutive years commencing from November 14, 2025. Ampvolts Limited has also appointed Mr. Sahil Rao (DIN: 11367592) as a Non-Executive Independent Director of the Company. Mr. Sahil Rao is a Chartered Accountant and Corporate Lawyer, specializing in the interpretation and application of Taxation and Bankruptcy Laws. He has dealt with numerous complex and precedent-setting cases, dedicating hundreds of hours to in-depth legal and tax research with a focus on simplifying compliance and minimizing legal stress for clients. He was a Practicing Chartered Accountant, having worked with various corporate clients in the fields of Direct Taxation, Indirect Taxation, and related regulatory matters. His dual qualification and diverse experience provide him with a unique understanding of legal and financial frameworks, enabling practical, business-oriented solutions. His keen interest lies in analysing landmark judicial pronouncements, continuously enhancing his interpretative insight into complex corporate and tax legislation. The appointment is effective from January 6, 2026, and he shall hold office for a term of five consecutive years commencing from November 14, 2025. The appointments were approved by the company's members through a postal ballot via remote e-voting. New Risk • Dec 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). High level of non-cash earnings (85% accrual ratio). Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Revenue is less than US$1m (₹38m revenue, or US$418k). Market cap is less than US$10m (₹519.1m market cap, or US$5.71m). Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹16.61, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 25x in the IT industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.19 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.08 (up from ₹0.19 loss in 2Q 2025). Revenue: ₹20.1m (up 269% from 2Q 2025). Net income: ₹2.11m (up ₹5.06m from 2Q 2025). Profit margin: 11% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year. Announcement • Nov 07
Ampvolts Limited to Report Q2, 2026 Results on Nov 14, 2025 Ampvolts Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Sep 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Revenue is less than US$1m (₹29m revenue, or US$326k). Market cap is less than US$10m (₹618.4m market cap, or US$6.97m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). New Risk • Aug 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 126% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Revenue is less than US$1m (₹29m revenue, or US$331k). Market cap is less than US$10m (₹657.1m market cap, or US$7.53m). Announcement • Aug 14
Ampvolts Limited, Annual General Meeting, Sep 12, 2025 Ampvolts Limited, Annual General Meeting, Sep 12, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹0.12 loss per share (vs ₹0.22 loss in 1Q 2025) First quarter 2026 results: ₹0.12 loss per share (improved from ₹0.22 loss in 1Q 2025). Revenue: ₹14.3m (up ₹13.2m from 1Q 2025). Net loss: ₹3.21m (loss narrowed 1.4% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Aug 06
Ampvolts Limited to Report Q1, 2026 Results on Aug 13, 2025 Ampvolts Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.25 (vs ₹2.03 loss in FY 2024) Full year 2025 results: EPS: ₹0.25 (up from ₹2.03 loss in FY 2024). Revenue: ₹29.8m (up 192% from FY 2024). Net income: ₹4.63m (up ₹25.6m from FY 2024). Profit margin: 16% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • May 21
Ampvolts Limited to Report Q4, 2025 Results on May 30, 2025 Ampvolts Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.02 loss per share (vs ₹0.60 loss in 3Q 2024) Third quarter 2025 results: ₹0.02 loss per share (improved from ₹0.60 loss in 3Q 2024). Net loss: ₹1.20m (loss narrowed 80% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 202 percentage points per year, which is a significant difference in performance. Announcement • Feb 04
Ampvolts Limited to Report Q3, 2025 Results on Feb 13, 2025 Ampvolts Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹122m free cash flow). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 4.5% per year over the past 5 years. Revenue is less than US$1m (₹17m revenue, or US$192k). Market cap is less than US$10m (₹467.6m market cap, or US$5.42m). New Risk • Nov 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹122m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹122m free cash flow). Earnings have declined by 4.5% per year over the past 5 years. Revenue is less than US$1m (₹18m revenue, or US$209k). Market cap is less than US$10m (₹468.7m market cap, or US$5.55m). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.19 loss per share (vs ₹0.72 loss in 2Q 2024) Second quarter 2025 results: ₹0.19 loss per share (improved from ₹0.72 loss in 2Q 2024). Net loss: ₹2.95m (loss narrowed 59% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 128% per year, which means it is well ahead of earnings. Announcement • Nov 05
Ampvolts Limited to Report Q2, 2025 Results on Nov 14, 2024 Ampvolts Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Sep 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.8% per year over the past 5 years. Revenue is less than US$1m (₹11m revenue, or US$134k). Market cap is less than US$10m (₹604.3m market cap, or US$7.20m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.8% per year over the past 5 years. Revenue is less than US$1m (₹11m revenue, or US$135k). Market cap is less than US$10m (₹498.1m market cap, or US$5.94m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Aug 15
Ampvolts Limited, Annual General Meeting, Sep 24, 2024 Ampvolts Limited, Annual General Meeting, Sep 24, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.22 loss per share (vs ₹0.61 loss in 1Q 2024) First quarter 2025 results: ₹0.22 loss per share (improved from ₹0.61 loss in 1Q 2024). Net loss: ₹3.25m (loss narrowed 46% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 163% per year, which means it is well ahead of earnings. Announcement • Aug 06
Ampvolts Limited to Report Q1, 2025 Results on Aug 14, 2024 Ampvolts Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Apr 20
Quest Softech (India) Limited to Report Q4, 2024 Results on Apr 27, 2024 Quest Softech (India) Limited announced that they will report Q4, 2024 results on Apr 27, 2024 New Risk • Feb 17
New major risk - Revenue and earnings growth Earnings have declined by 2.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹61m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 2.2% per year over the past 5 years. Revenue is less than US$1m (₹1.8m revenue, or US$22k). Market cap is less than US$10m (₹423.2m market cap, or US$5.10m). Announcement • Feb 03
Quest Softech (India) Limited to Report Q3, 2024 Results on Feb 10, 2024 Quest Softech (India) Limited announced that they will report Q3, 2024 results on Feb 10, 2024 New Risk • Dec 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹61m free cash flow). Revenue is less than US$1m (₹483k revenue, or US$5.8k). Market cap is less than US$10m (₹749.8m market cap, or US$8.99m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Aug 06
Quest Softech (India) Limited to Report Q1, 2024 Results on Aug 14, 2023 Quest Softech (India) Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jul 14
Full year 2023 earnings released: ₹0.36 loss per share (vs ₹2.61 profit in FY 2022) Full year 2023 results: ₹0.36 loss per share (down from ₹2.61 profit in FY 2022). Net loss: ₹3.57m (down 114% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 248% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Tejas Shah is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 20% share price gain to ₹57.50, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 2,775% over the past three years. Announcement • Jan 18
Quest Softech (India) Limited to Report Q3, 2023 Results on Jan 25, 2023 Quest Softech (India) Limited announced that they will report Q3, 2023 results on Jan 25, 2023 Board Change • Jan 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Tejas Shah is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 23% share price gain to ₹43.30, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 1,842% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Quest Softech (India) Limited to Report Q2, 2023 Results on Nov 12, 2022 Quest Softech (India) Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 12, 2022 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹35.70, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 23x in the IT industry in India. Total returns to shareholders of 1,345% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 21% share price gain to ₹49.25, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 1,894% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹37.15, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 1,334% over the past three years. Announcement • Sep 23
Quest Softech (India) Limited Approves Appointment of Mrs. Mittal Kevin Shah as Company Secretary & Compliance Officer Quest Softech (India) Limited approved Appointment of Mrs. Mittal Kevin Shah as Company Secretary & Compliance Officer of the Company with effect from 22nd September, 2022. Mrs. Mittal Kevin Shah is a Company Secretary having experience more than one year in the area of governance, secretarial, Legal and finance. Announcement • Sep 07
Quest Softech (India) Limited, Annual General Meeting, Sep 30, 2022 Quest Softech (India) Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: at 102 Ameya House, Village Ambivali, Next To Azad Nagar Metro Station, Above Standard Chartered Bank, Andheri West, Mumbai India Agenda: To receive, consider and adopt Audited Balance Sheet as at March 31, 2022 and the Statement of Profit and Loss for the year ended on that date together with the Report of Board of Directors and the Auditors thereon; and to appoint a Director in place of Mr. Suresh Vishwasrao, who retires by rotation and being eligible, offers himself for re-appointment. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 21% share price gain to ₹21.55, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 845% over the past year. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 19% share price gain to ₹19.50, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 671% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹16.61, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 557% over the past three years. Announcement • Jul 02
AV AC DC RENEW PRIVATE LIMITED entered into a share purchase agreement to acquire Quest Softech (India) Limited (BSE:535719) from Quest Fin-Cap Private Limited for INR 1.7 million. AV AC DC RENEW PRIVATE LIMITED entered into a share purchase agreement to acquire 43% of stake in Quest Softech (India) Limited (BSE:535719) from Quest Fin-Cap Private Limited for INR 1.7 million on June 30, 2022. Under the terms, AV AC DC will acquire 43,00,000 shares of Quest Softech at a price of INR 4 per share. Kunvarji Finstock Private Limited acted as financial advisor to AV AC DC RENEW PRIVATE LIMITED. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 15% share price gain to ₹14.52, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 474% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 27% share price gain to ₹15.51, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 554% over the past year. Announcement • May 21
Quest Softech (India) Limited to Report Fiscal Year 2022 Results on May 27, 2022 Quest Softech (India) Limited announced that they will report fiscal year 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 27% share price gain to ₹13.13, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 371% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Quest Softech (India) Limited Announces Resignation of Akshay Hegde as Company Secretary and Compliance Officer Quest Softech (India) Limited announced that Akshay Hegde, Company Secretary of the Company has tendered his resignation from the post of Company Secretary and Key Managerial Personnel of the Company due to personal reasons. The Company has accepted his resignation and he shall cease to be the Company Secretary with effect from close of working hours of March 31, 2022. Consequent to his resignation, Akshay Hegde also ceases to be Compliance Officer of the Company. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 21% share price gain to ₹5.01, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 80% over the past three years. Board Change • Jan 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Additional Non-Executive Independent Director Tejas Shah was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 04
Quest Softech (India) Limited to Report Q3, 2021 Results on Feb 10, 2021 Quest Softech (India) Limited announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Jan 12
New 90-day high: ₹2.70 The company is up 113% from its price of ₹1.27 on 09 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ₹1.33 The company is up 4.0% from its price of ₹1.28 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period. Is New 90 Day High Low • Nov 13
New 90-day low: ₹1.11 The company is down 32% from its price of ₹1.63 on 14 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 19% over the same period. Announcement • Nov 04
Quest Softech (India) Limited to Report Q2, 2021 Results on Nov 12, 2020 Quest Softech (India) Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Is New 90 Day High Low • Sep 23
New 90-day low: ₹1.16 The company is down 40% from its price of ₹1.92 on 23 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 33% over the same period.