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Quick Heal Technologies surges on getting patent for Signatureless Behaviour-based Detection Technology

Quick Heal Technologies is currently trading at Rs. 123.30, up by 2.15 points or 1.77% from its previous closing of Rs. 121.15 on the BSE.

The scrip opened at Rs. 121.95 and has touched a high and low of Rs. 126.35 and Rs. 121.95 respectively. So far 5353 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 240.50 on 24-Apr-2019 and a 52 week low of Rs. 100.50 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 126.35 and Rs. 113.40 respectively. The current market cap of the company is Rs. 792.91 crore.

The promoters holding in the company stood at 72.83 % while Institutions and Non-Institutions held 2.46 % and 24.71 % respectively.

Quick Heal Technologies has secured a patent from the United States Patent and Trademark Office (USPTO) for its Signatureless Behaviour-based Detection Technology. The patent empowers Quick Heal’s enterprise arm, ‘Seqrite’ with a unique malware detection technique to identify and block zero-day malware that use code-injection techniques like process hollowing, code-cave attack among others.

As part of the patented technique, Quick Heal Technologies has developed a stable solution to dynamically detect and remediate malware using code-injection at run-time and at the targeted device – with precision and without hampering the user experience.

Quick Heal Technologies is leading provider of Internet Security tools and is a leader in antivirus Technology in India. Quick Heal Technologies was founded in 1993 and has been actively involved in Research and Development of antivirus software since then.

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