Quick Heal Technologies Limited

Quick Heal Technologies Ltd. (Formerly Known as Quick Heal Technologies Pvt. Ltd.) is one of the leading IT security solutions company. Each Quick Heal product is designed to simplify IT security management across the length and depth of devices and on multiple platforms. They are customized to suit consumers, small businesses, Government establishments, and corporate houses. Over a span of over 20 years, the company's R&D has focused on computer and network security solutions. The current portfolio of cloud-based security and advanced machine learning enabled solutions to stop threats, attacks, and malicious traffic before it strikes. This considerably reduces system resource usage. The security solutions are indigenously developed in India. Quick Heal Antivirus Solutions, Quick Heal Scan Engine and the entire range of Quick Heal products are proprietary items of Quick Heal Technologies Ltd. (Formerly Known as Quick Heal Technologies Pvt. Ltd.) The financials of the company looks static in all these years, RoNW is 43.70% and at CMP its looks fairly priced. Price difference is around 18% and acceptance ration as per current share holding for retail will be around 12.5%, but it may be possible that this ratio may go down as more people will buy Quick Heal for buyback and so we may expect the final acceptance ratio may be around 20% and profit may be 3%. So we give SUBSCRIBE rating to this buyback.

• 1 Mr. Rajesh Pirogiwal
• 2 Mrs. Sunita Pirogiwal
• 3 Miss Tanvi Pirogiwal