Hot Pursuit     15-Sep-21
Coforge Ltd soars 1.78%
Coforge Ltd is quoting at Rs 5390, up 1.78% on the day as on 12:54 IST on the NSE. The stock is up 147.07% in last one year as compared to a 50.62% spurt in NIFTY and a 82.75% spurt in the Nifty IT index.

Coforge Ltd is up for a third straight session in a row. The stock is quoting at Rs 5390, up 1.78% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 17478.75. The Sensex is at 58592.14, up 0.59%. Coforge Ltd has risen around 12.64% in last one month.

Meanwhile, Nifty IT index of which Coforge Ltd is a constituent, has risen around 10.91% in last one month and is currently quoting at 35431.5, up 1.97% on the day. The volume in the stock stood at 3.41 lakh shares today, compared to the daily average of 4.58 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 5400.8, up 1.66% on the day. Coforge Ltd is up 147.07% in last one year as compared to a 50.62% spurt in NIFTY and a 82.75% spurt in the Nifty IT index.

The PE of the stock is 105.78 based on TTM earnings ending June 21.

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