Hot Pursuit     31-Aug-23
Coforge Ltd gains for third consecutive session
Coforge Ltd is quoting at Rs 5425, up 2.39% on the day as on 12:49 IST on the NSE. The stock is up 54.96% in last one year as compared to a 10.06% spurt in NIFTY and a 12.38% spurt in the Nifty FMCG index.

Coforge Ltd gained for a third straight session today. The stock is quoting at Rs 5425, up 2.39% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 19308.05. The Sensex is at 65001.66, down 0.13%. Coforge Ltd has risen around 11.96% in last one month.

Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has risen around 3.32% in last one month and is currently quoting at 31103.9, up 0.61% on the day. The volume in the stock stood at 6.01 lakh shares today, compared to the daily average of 15.45 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 5412.75, up 2.46% on the day. Coforge Ltd is up 54.96% in last one year as compared to a 10.06% spurt in NIFTY and a 12.38% spurt in the Nifty FMCG index.

The PE of the stock is 37.72 based on TTM earnings ending June 23.

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