Quick Heal Technologies saw its shares move over 3% in early trade after the company announced a significant contract win from the NFSU Research and Innovation Council (NFSU-RIC). The deal marks a major step forward for the cybersecurity firm as it expands its footprint within India’s government and institutional digital security landscape.
According to the company, the agreement involves deploying a full suite of Integrated Cyber Security Solutions for NFSU-RIC. The engagement spans five years and is aimed at strengthening the digital security framework of the institution. Quick Heal noted that the project fits directly into its broader strategy of enhancing its advanced cybersecurity offerings and delivering scalable protection across large-scale environments.
NFSU, an Institution of National Importance operating under the Ministry of Home Affairs, has awarded the contract domestically. With a value of ₹64.25 crore, the deal stands out as one of Quick Heal’s more prominent commercial wins in recent quarters.
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