EdTech IT Stock Under Rs 100 In Focus as Company Launches Evolutionary Assessment Tool: Talent Enhancement Test
The shares of the company have a PE of 6x, an ROE of 14 per cent and an ROCE of 15 per cent.
Qtouch Business Solutions Private Limited, a subsidiary of Quicktouch Technologies Limited, has launched TET (Talent Enhancement Test), an innovative self-assessment platform designed to empower students from classes 1 to 12. TET currently covers a wide range of academic boards, including CBSE, ICSE, and RBSE, providing comprehensive assessments tailored to each curriculum. The platform plans to expand its coverage to include additional boards and competitive exams like JEE and NEET, making it a valuable tool for academic and competitive preparation. TET is not limited to Quicktouch's existing student base, opening doors to a wider audience of learners and expanding the company's impact within the education sector.
The launch of TET marks a significant milestone for both Qtouch Business Solutions Private Limited and Quicktouch Technologies Limited, aligning with their vision of empowering students with cutting-edge technology. This innovative platform, developed by Qtouch Business Solutions Private Limited, which specializes in advanced educational tools and platforms, is poised to significantly enhance student learning outcomes.
Earlier, the company celebrated the outstanding success of Gudha Prince Vidyapeeth (GPV) students in recent Olympiads, including two International 1st Ranks and 32 Gold Medals. This remarkable achievement validates Quicktouch's strategic investment in Vidyahub and its commitment to improving education standards across India. By partnering with Vidyahub, Quicktouch leverages technology to enhance learning experiences, empower students with essential skills, and contribute to a transformative educational ecosystem that nurtures global talent.
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About the Company
Incorporated in 2013, Quicktouch Technologies Limited is an information technology company. The company is in the business of software IT solutions and consulting services, IT product/software development & software commercial training and web designing.
The company has a market cap of Rs 43 crore and reported positive numbers in its Quarterly Results (Q2FY25) and half-yearly results (H1FY25). According to quarterly results, the company reported a total income of Rs 25.08 crore and a net profit of Rs 2.06 crore in Q2FY25. In its half-yearly results, the total income increased by 44 per cent to Rs 67.49 crore and net profit increased by 5 per cent to Rs 3.58 crore in H1FY25 compared to H1FY24. The shares of the company have a PE of 6x, an ROE of 14 per cent and an ROCE of 15 per cent. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.