Bandhan Mutual Fund initiated a new position in Quess Corp Limited, acquiring 23,19,594 shares, representing a 1.55% stake in the company. The investment is valued at approximately ₹69.01 crore at a share price of ₹297.75 apiece.
India's leading business services provider, Quess Corp delivers comprehensive outsourced solutions spanning staffing, facility management, technology services, and recruitment. The company leverages digital platforms and deep domain expertise to enhance client productivity across diverse industrial and commercial sectors. Its vertically integrated business model and focus on technology-enabled service delivery distinguish it in the competitive outsourcing and business services landscape.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.