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Coforge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3257.55, down 0.72% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 17620.7. The Sensex is at 59118.57, up 0.47%.Coforge Ltd has eased around 13.43% in last one month.Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has eased around 9% in last one month and is currently quoting at 26706.45, up 0.45% on the day. The volume in the stock stood at 1.51 lakh shares today, compared to the daily average of 2.52 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 3213.25, down 0.79% on the day. Coforge Ltd tumbled 39.12% in last one year as compared to a 1.29% rally in NIFTY and a 24.22% fall in the Nifty FMCG index. The PE of the stock is 32.93 based on TTM earnings ending June 22.
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