Quess Corp fell 2.42% to Rs 566.05, extending recent losses amid selling pressure.
Shares of Quess Corp lost 4.17% in three trading sessions to its current market price of Rs 566.05 from its recent closing high of Rs 590.70 on Friday, 14 February 2020.
On the technical front, the stock's RSI (relative strength index) stood at 42.209. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
The stock was currently trading between its 20-day moving average (DMA) placed at Rs 602.79 and its 50-DMA placed at Rs 553.97.
Quess Corp's consolidated net profit jumped 11.4% to Rs 71.31 crore on a 35.8% jump in net sales to Rs 2,950.02 crore in Q3 December 2019 over Q3 December 2018.
Quess Corp is engaged in the business of temporary staffing services, executive search, recruitment services, housekeeping and facility management services, including engineering services, food services and skill development.
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