Quest Capital (QUESTCAP) | News Based Sentiment Analysis

• On August 12, 2025, Quest Capital Markets Limited announced strong Q1 FY2026 financial results, with revenue from operations increasing by 51% to Rs. 216.80 lakhs. This impressive growth signals effective strategies and a positive start to the fiscal year, demonstrating the company's ability to capitalize on market opportunities.
• Profit for the period also rose significantly, increasing by 31% to Rs. 153.63 lakhs, further highlighting the company’s improved financial performance in Q1 FY2026. This profitability boost is a key indicator of operational efficiency and growing market demand for their services.
• Basic Earnings Per Share (EPS) improved from Rs. 1.17 to Rs. 1.54 year-on-year, indicating increased value for shareholders. This improvement in EPS is a direct result of the increased profitability and revenue growth reported in the first quarter.
• A significant leadership change occurred on August 18, 2025, with Arun Kumar Mukherjee resigning as CEO and Tanuja Mantri succeeding him. This transition introduces a new perspective and potentially new strategies for the company’s future direction.
• Despite the positive financial results, the stock price on September 2, 2025, was 353.50, representing a gain of 3.45 (0.99%), but the year-to-date performance remains negative at -28.31%. This indicates ongoing investor concerns despite recent positive momentum.
• Over the past week, Quest Capital Markets Ltd. delivered a +1.00% return, exceeding the Sensex's -0.78%, but its monthly return of -2.75% underperformed the Sensex's -0.55% as of September 2, 2025. This contrast highlights the challenges in sustaining positive momentum and the impact of broader market conditions.
• Delivery volume decreased by 81.53% compared to the 5-day average on September 2, 2025, suggesting reduced investor participation and potentially lower liquidity in the stock. This decrease in trading volume could indicate a lack of strong conviction among investors.

The Investment Story: Quest Capital Markets Limited began FY2026 with robust financial growth, but the stock's year-to-date performance remains significantly down, and recent trading activity suggests waning investor enthusiasm despite short-term gains. The CEO transition adds another layer to the evolving narrative.

What It Means for Investors: The strong Q1 results are encouraging, but the negative YTD performance and reduced liquidity are red flags. Investors should closely monitor Tanuja Mantri’s strategic direction and assess whether she can restore investor confidence and sustain the company’s growth trajectory.

Looking Ahead: Investors should pay close attention to the company’s performance in the coming quarters and monitor Tanuja Mantri’s strategic initiatives. Further financial reports and updates on investor participation will be crucial to assess the sustainability of the current positive momentum.

The Bottom Line: Quest Capital Markets Limited presents a mixed investment picture. While the strong start to FY2026 is positive, the negative YTD performance and leadership change require careful consideration. Investors should proceed with caution and closely monitor the company’s progress.