Quick Heal Technologies saw its stock rise 1.87% to Rs 313.25 following the announcement of a Rs 64.25-crore contract with the NFSU Research and Innovation Council (NFSU-RIC) for implementing integrated cybersecurity solutions.
The company stated that the project aligns with its ongoing cybersecurity initiatives and supports its strategic goal of providing comprehensive security solutions to clients. The contract, which spans five years, represents a significant milestone in Quick Heal’s continued collaboration with government institutions. Quick Heal clarified that neither its promoters nor the promoter group hold any interest in the awarding authority, and the deal does not qualify as a related-party transaction under regulatory norms.
Quick Heal Technologies is a global provider of cybersecurity solutions, catering to B2C, B2B, and B2G sectors. Through its flagship brands, Quick Heal and Seqrite, the company delivers AI-powered, patented technologies to protect endpoints, networks, data, mobile devices, and cloud systems.
The company also reported a strong financial performance in Q2 FY26, with consolidated net profit soaring 90.6% to Rs 7.91 crore on a 13.65% increase in revenue from operations to Rs 83.52 crore compared to Q2 FY25.