Coforge Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3470.7, down 0.5% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 15772.45. The Sensex is at 53036.89, up 0.24%.Coforge Ltd has eased around 3.77% in last one month.Meanwhile, Nifty FMCG index of which Coforge Ltd is a constituent, has eased around 6.71% in last one month and is currently quoting at 28064.25, down 0.88% on the day. The volume in the stock stood at 1.32 lakh shares today, compared to the daily average of 4.47 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 3470.95, down 0.87% on the day. Coforge Ltd tumbled 17.74% in last one year as compared to a 0.39% slide in NIFTY and a 3.91% fall in the Nifty FMCG index. The PE of the stock is 32.94 based on TTM earnings ending March 22.
|