InvestorQ : Is this right time for investment in Quess corp
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Is this right time for investment in Quess corp

Answer
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4 months ago


The company had seen some pressure since its parent Thomas Cook had got into some worries after the bankruptcy of Thomas Cook of UK. However, the Indian entity is ring fenced and that is now getting evident. However, since Quess is into provision of business services including facilities management, the business took a sharp turn for the worse in the March quarter leading to huge losses. That will take some time to heal and traders or investors should look at getting into these stocks only after the situation settles.