Research Report: Quess Corp Ltd

Company Overview:- 
Quess Corp Ltd is a leading provider of business services in India, focusing on outsourced solutions to enhance productivity. It is among the *top 50 global staffing companies* and ranks *top 3 in India. With a workforce exceeding **600,000 employees* in FY23, Quess operates in sectors such as BFSI, retail, telecom, and FMCG.  

Key Business Segments:-
1. Workforce Management (WFM) – Core staffing solutions, contributing 79% of revenue.  
2. Operating Asset Management (OAM)  
3. Global Technology Solutions
4. Product Led Business (PLB)  

In FY23, the company added 74,000 new employees, reflecting 17% YoY growth. It serves over 3,000 clients across 600+ cities in India and has a growing international presence in Southeast Asia, North America, and the Middle East.  

Technical Outlook:  
The daily chart for Quess Corp Ltd shows a strong breakout above the ₹700–₹720 resistance zone with significant volume, signaling strong upside potential. The breakout projects a target of ₹870(20% upside) with immediate support around ₹680. The price trades above key moving averages, and the RSI near 60 suggests strengthening momentum without overbought conditions.  
Trade Setup for Swing Traders:-
- *Entry:* ₹720–₹730  
- *Stop Loss:* ₹680  
- *Target:* ₹870  
- *Risk-Reward:* ~3:1